The BUSKLAW Newsletter

It's August - the dog days of summer. The time when the heat is to some of us a bother rather than a comfort. So as we enjoy our favorite adult beverage around a sprinkler, pool, or larger body of water, let's talk about a vital purpose of any contract: the promotion of trust and transparency between the parties . Or to put it another way: a contract should express the parties' honest  business purpose in a clear and comprehensive way, with no sneaky surprises ("gotchas") that could someday surface to cause unforeseen problems.  A short amendment to a contract between my client and a major vendor once crossed my desk. The purpose was to adjust the pricing formula of a commodity that my client purchased from the vendor. The parties had been doing business together for the last seven years without any problem requiring a lawyer's involvement.  I was reading the amendment and was about to approve it when a section captioned Release caught my eye. T...