What Are The Purpose of Exclusivity Agreements?

Exclusivity agreements come in a variety of forms and are designed to meet a range of goals. The overriding purpose of each exclusivity agreement is to define a relationship in which (generally) two parties agree to deal only with one another, to the exclusion of third parties. The duration of the agreement; whether it is … Read more

Nondisclosure Clauses (with 5 examples)

A well-written nondisclosure is essential for many business dealings, however, the language and syntax changes for various industries. The fastest and most-cost effective ways to review clauses independently is through a RealDealDocs membership. Here are some recently added non-disclosure agreements available on RealDealDocs: Master Services And Non-Disclosure Agreement for STREAMLINE HEALTH SOLUTIONS INC., 180 Consulting, … Read more

Contracts and the Option of Impossibility – Alternatives to Force Majeure

Did you fail to spell out “pandemic” or “disease” in your force majeure clause?  Or fail to include a force majeure clause altogether in your contract? Should you have foreseen the chaos caused by COVID-19? The language of contracts will likely be changed forever in the wake of the disruption to businesses as a result … Read more

3M Files Lawsuit For Illegal Price Gouging and Deceptive Trade Practices of its N95 Masks

From hand sanitizer to toilet paper, we’ve all heard of the price gouging which has gone hand in hand with the COVID-19 pandemic – but one company is taking the price gouging for the highly-sought after N95 masks very seriously. 3M discovered that a company was selling fake N95 masks at a whopping 600 percent … Read more

Force Majeure – The Contract Clause of COVID-19

Force Majeure is a legal definition encompassing a collection of unlikely yet not impossible hindrances to performance in a contract – such as a fire, a flood, an Act of God,  or possibly a global pandemic among other things. A force majeure clause in a contract generally excuses any or all delays in performance as … Read more

Got Toilet Paper? Top Paper Manufacturers in the US are Trying to Keep Up with Demand

Move over bitcoin – toilet paper is the now hottest currency in play. Unless you were living in a part of the United States prone to hurricanes or blizzards, you may not have thought of stockpiling toilet paper prior to the COVID-19 pandemic. Yet we are now in a new world which is considerably lacking … Read more

Big Pharma Makes Progress in the Fight Against Covid-19

In the midst of what has now been declared a pandemic by the World Health Organization, the pursuit of not only a vaccine, but an outright cure, is underway. President Trump and Vice President Mike Pence met with 7  “Big Pharma” companies to prioritize addressing the Coronavirus outbreak either through antiviral drugs or developing vaccines.1 … Read more

Coronavirus Testing and Vaccination Progress

In the race to outpace the spread of Coronavirus Covid-19 across the country, private labs, not government organizations, are developing tests for the virus. One such company is Laboratory Corporation of America Holdings, better known as LabCorp. LabCorp began testing as of March 5th. According to CNBC reporter Bertha Coombs, the Center of Disease Control … Read more