As dedicated readers may recall, we posted last November about parody newspaper The Onion’s attempt to buy Alex Jones’ Infowars in an auction held in connection with Mr. Jones’ bankruptcy. That bankruptcy followed a $1.4 billion judgment against Mr. Jones… Source by ContractsProf Blog Read More
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ProPublica & Tennessee Lookout Report on Pay Day Lending in Tennessee
ProPublica has a long expose about a product called Flex Loan, legal in Tennessee since 2015. The reporting was a joint effort with Tennessee Lookout. Since the invention of the Flex Loan, which allows the lender to collect interest at… Source by ContractsProf Blog Read More
Friday Frivolity: Future Citibank Trader Buys 50,000 Lollipops
Citibank has been in the news a couple of times in the past few years because its complex protocols and lack of software safeguards have led to costly mistakes. We had a lot of fun with $900 million of misdirected… Source by ContractsProf Blog Read More
Tuesday Top Ten – Contracts & Commercial Law Top SSRN Downloads for December 17, 2024
In this gift-giving time of the year, ContractsProf Blog is happy to remind you that legal scholarship is always in season, and you can help yourself to the gift. Enjoy the holiday reading! Top Downloads For: Contracts & Commercial Law… Source by ContractsProf Blog Read More
Harvard to Host Conference on the Restatement of Consumer Contracts
The Harvard Business Law Review is sponsoring a one-day symposium on the new Restatement of Consumer Contracts, hosting several speakers (some of whom were among the most critical of the earlier drafts). The symposium will take place on Saturday, January… Source by ContractsProf Blog Read More
A Successful Business Interruption Insurance Claim
We have covered a lot of business interruption insurance claims relating to the COVID-19 pandemic. The insureds almost always lose because the policies require some physical damage to property, and courts don’t think microscopic viruses cause physical damage, or because… Source by ContractsProf Blog Read More
Reviewing Larry DiMatteo, Principles of Contract Law and Theory, Part XI
This is the eleventh post in my series on Larry Di Matteo’s Principles of Contract Law and Theory (Principles). The aim is to call some attention to this book while using it to stimulate my thinking as I once again… Source by ContractsProf Blog Read More