Inflation Adjustment in Contracts: Maintaining Value, Opportunities for Profit, and Potential for Breach

Inflation adjustment clauses are nothing new to contracts but what is uncommon is the high rate of inflation that we’re currently experiencing and just how fast that inflation is is rising.  So whereas before it wasn’t as important, now it’s imperative because if if an inflation adjustment isn’t accounted for, the receiver of money stands … Read more

Why Are Flights Being Delayed and Cancelled?

When a CEO abruptly resigns in the second year of a five-year contract, he may explain that he’s resigning to spend more time with family and focus on his health, but that’s not the real reason he’s turning in his resignation. The real reason is if he doesn’t resign, the board of directors will fire … Read more