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February 07, 2023 | New York Law Journal

Fraud Claims in Purchase and Sale Transactions

Buyers and sellers of real estate must consider how legal principles pertaining to fraud might affect sellers' liability for any false statements made in the context of their transactions.
10 minute read
February 06, 2023 | Legaltech News

Justin Vergara Says Aloha to Cimplifi as New VP, Head of CALM Managed Services

Cimplifi's go-to-market CALM offering combines contract analytics and lifecycle management for a new kind of managed services.
6 minute read
February 06, 2023 | New York Law Journal

Five-Year Contract Gives 13% Increase, Signing Bonus, to Thousands of Court Workers

The CBAs affect all of the nearly 15,000 non-judicial employees who are represented by unions, as well as employees who are designated as management or confidential by the Public Employment Relations Board, OCA spokesman Lucian Chalfen said.
3 minute read
February 03, 2023 | Daily Report Online

Judge Dismisses Lawsuit Over U.S. Utility's Long-Term Deals

The lawsuit filed in August 2020 argued that 20-year deals signed by most of TVA's customers lock the power distributors into exclusive contracts with the TVA and "will forever deprive distributors and ratepayers the opportunity to renegotiate with TVA to obtain cheaper, cleaner electricity," according to the Southern Environmental Law Center, which filed the suit for three plaintiff groups.
3 minute read
February 01, 2023 | Legaltech News

Ironclad Announces AI Assist, Leveraging OpenAI's GPT-3 to Redline Contracts

For now, AI Assist is in beta form, with an official launch to all of Ironclad's consumers coming soon.
4 minute read
January 31, 2023 | New York Law Journal

'Best Efforts' Clauses in Commercial Leases

The enforceability of undefined terms such as "best efforts" often turns on how the commercial lease is drafted. This article discusses how New York courts interpret and enforce these "efforts" clauses.
7 minute read
January 31, 2023 | Daily Business Review

Seaboard Marine Sues American Clothing for Alleged Breach of Maritime Contract

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
January 26, 2023 | Legaltech News

CLM Provider SirionLabs Lays Off 15% of Global Workforce in Pursuit of Profitability

SirionLabs "has to shift its business strategy toward profitability due to the current macroeconomic environment, and this will result in downsizing," said founder and CEO Ajay Agarwal.
2 minute read
January 25, 2023 | Legaltech News

Agiloft Releases ConvoAI to Allow Interactive Conversations with Contracts

The feature is available to customers on Agiloft and Microsoft Teams' interfaces. Agiloft's chief product officer said the company hopes the tool will ultimately be used by all members of an organization—not just contract professionals.
3 minute read
January 24, 2023 | Legaltech News

GCs Must Reinvent

Four key nonlegal areas general counsel can focus on to assist with recessionary pressures, and the tools that can help.
6 minute read

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