In a recent Delaware Court of Chancery decision, the court explained several useful principles of contract interpretation and also provided insight into the methods the court uses to resolve ambiguous ...

Incorporating the principles of value-based insurance design (VBID) can help prevent the negative effects of outcomes-oriented contracting, such as cost-related nonadherence. This article was ...

The ALI's principles say those who sell software should guarantee no hidden material defects; vendors fear the rules could inhibit innovation IT vendors and tech industry groups say a new set of legal ...

Learn about contracts from Harvard Law Professor Charles Fried, one of the world's leading authorities on contract law. Contracts are promises that the law will enforce. But when will the law refuse ...