Commercial Contracts

The term commercial law describes a wide body of laws that govern business transactions. The primary authority that governs commercial transactions is the Uniform Commercial Code (UCC). By definition, commercial contracts represent a combination of commercial and legal factors. For businesses and organizations, the key requirement is to ensure that the legal arrangements allow the full commercial benefits to be realized. This is FindLaw’s collection of Commercial Contracts articles, part of the Business Operations section of the Corporate Counsel Center. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.

Business Operations

Commercial Contracts Articles

MD&A Issues, Off Balance Sheet Financing And New Audit Committee Responsibilities

Richard Langan, Business Group Leader at Nixon Peabody LLP, presented a discussion on two current management's discussion and analysis ("MD&A") issues, off balance sheet financing, and new audit committee responsibilities. He began by noting that ...
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Millennium Bug Checklist

As the countdown to the Year 2000 continues, you can expect more and more cries of impending doom with respect to the consequences of the Year 2000 Bug. Although construction industry members share many of the Millennium Bug concerns faced by other ...
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N.Y. Case Calls Software License Speech Restrictions Into Question

Software vendors often rely on clauses in their software license agreements that restrict a purchaser’s rights to conduct benchmark tests or publish product reviews. The purported rationale for including such clauses is that they serve to protect ...
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New California Mediation Confidential Law

The California legislature recently passed, and the governor signed last month, a law (AB 939) substantially revising and elaborating California rules for mediation-and especially confidentiality in mediation. The law will take effect January 1 ...
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New Franchise Legislation in Italy

On April 21, 2004, the Italian Senate approved a franchising law that requires presale disclosure at least thirty days prior to signing a franchise agreement. It also regulates the rights and duties of parties involved in a franchise relationship ...
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New FTC Regulations On Proper Destruction of “Consumer Information”: Steps Employers Need to Take to Comply

As part of its comprehensive efforts to combat identity theft, the Federal Trade Commission (FTC) has promulgated regulations effective June 1, 2005 for the proper destruction of "consumer information." While some commentators have raised alarms by ...
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New Jersey Law Favors Free Competition by Former Employees in the Absence of a Valid, Written Restrictive Covenant, But an Employee may not Violate His Duty of Loyalty by Soliciting Customers or Co-Em

Under New Jersey law a former employee may properly and legally compete with his former employer, in the absence of a contractual covenant not to compete. The former employee may properly and legally solicit the customers of his former employer in ...
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New Jersey Supreme Court Holds That Employee’s Termination For Refusing To Enter Into Non-Compete Agreement Is Not Actionable Because It Does Not Violate Public Policy

In an important decision favoring employers, the New Jersey Supreme Court held, on May 4, 2004, that an employee did not have a cause of action for unlawful retaliatory discharge under the New Jersey Conscientious Employee Protection Act ("CEPA") or ...
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New Requirements for Obtaining and Using Credit Reports

On September 30,1997, the Consumer Credit Reporting Reform Act went into effect. The CCRRA imposes new requirements on employers who use credit reports to evaluate applicants for employment, or to evaluate current employees for promotion or ...
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No Duty of Good Faith and Fair Dealing in the Employment Context

Texas Employers received good news from the state.s highest civil court regarding the continued strength of the employment at.will doctrine in this state. On June 15, 2000, the Texas Supreme Court, in , held for the first time that there is no cause ...
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