Impact | Understanding and Managing Business Risk


Blog Editors



Posts from March 2018.
By Courtney Adair on March 7, 2018 at 9:10 AM

Word "blah blah blah" typed out onto a piece of paperAlmost all contracts contain “boilerplate” language. You may be tempted to skip over these provisions, assuming they are nothing more than unnecessary legalese. But a recent Seventh Circuit opinion, Engineered Abrasives, Inc. v. American Machine Products & Service, Inc., No. 17-1429, 2018 WL 828211 (7th Cir. Feb. 13, 2018), serves as a reminder to all contracting parties not to disregard any provisions of a contract, no matter how boilerplate, irrelevant, or inconsequential they may seem.

Facebook Twitter LinkedIn Google+ Email