Contract Drafting Class 21 Tues. Apr. 3 - PowerPoint PPT Presentation

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Contract Drafting Class 21 Tues. Apr. 3

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  1. Contract DraftingClass 21Tues. Apr. 3 University of Houston Law Center D. C. Toedt III

  2. End-of-course planning

  3. Reading: Z&B chapter 6 Homework questions to hand in – see handout being distributed

  4. Final exam: Take-home portion Handed out: Tues. Apr. 24 Due: At beginning of in-class final, May 8 No working together

  5. In the news

  6. What drafting lessons from this? http://www.nytimes.com/2012/03/27/technology/symantec-dissolves-alliance-with-huawei-of-china.html “SAN FRANCISCO — Less than four years after Huawei Technolo-gies andSymantec teamed up to develop computer network security products, the joint venture is being dismantled because Symantec feared the alliance with the Chinese company would prevent it from obtaining United States govern-mentclassified information about cyberthreats.”

  7. Common contract screw-ups

  8. Common contract screw-ups “4. The contract with missing schedules, or out-of-date versions of schedules.” QUESTION: What do you do about it? [Discuss with your neighbor] [From “Top 10 howlers when preparing contracts for signature,” by the IP Draughts blog at http://goo.gl/Km6Dw.]

  9. Z&B Exercise 3F

  10. Game plan Buyers pair up, Sellers pair up Each team writes down & hands in its three most important issues to negotiate Buyer- and Seller teams pair up and negotiate; DCT consolidates lists of issues Class discussion of issues chosen

  11. End of class