Law Insider's Mike Whelan dissects high-profile contracts with various guest Lawyers.
Amended and Restated Loan Agreement with Diana Isyanova
24:58In this episode of Contract Teardown by Law Insider, attorney Diana Isyanova tears down an amended loan agreement. She focuses on the liability section as we tease a new resource on Law Insider. We’ll tell you about that, and go deep on joint, several, and joint and several liability. So, let’s tear it down.
Founders Agreements with Komal Shah
23:46In this episode of Contract Teardown from Law Insider, legal educator and international attorney Komal Shah tears down a generic founder’s agreement. As Komal says, these documents can either set healthy expectations or create a divisive fight. How you draft a founder’s agreement can define the growth of a young company, so let’s tear it down.
Maintenance Service Agreements with Vincenzo Viglione
29:06In this episode from Law Insider, in-house counsel Vincenzo Viglione contrasts two service contracts from Trane US and SVS Machines and Service. As Vincenzo says, what these service agreements lack in sexiness they make up for in frequency. He uses a three-part framework to compare two agreements and, as client’s counsel, choose the best agreement. So let’s tear it down.
Software Development Agreement with Marcel Hajd
19:27In this episode from Law Insider, Slovenian attorney and legal technology founder Marcel Hajd tears down his OWN contract for software development. This is an unusual episode as we see Marcel both as attorney and client. He walks through his thinking on liability and priorities in what he knows as client needs to be an agile agreement. So let’s tear it down.
Ultrasonic Medical Stockholder Agreement with James Raanan
33:27In this episode from Law Insider, international commercial attorney James Raanan tears down a shareholders agreement from Ultrasonic Medical Mapping. James notes the unique context of a shareholders agreement where many of the interested parties aren’t even signing the agreement. He walks through how fiduciary duties change the risks, the complexity of “fairness” in a document like this, and a bit of clumsy math. So let’s tear it down.
Contract for Construction General Conditions with Greg Reaume
32:49In this episode from Law Insider, construction attorney Greg Reaume tears down the AIA form 201, or the General Conditions of the Contract for Construction. The American Institute of Architects form 201 governs countless large construction projects as lawyers often pay for the right to use their standard language. But as Greg points out, blindly incorporating the AIA’s language can cause you some real trouble, so let’s tear it down.
Red Lions Independent Contractor Agreement with Hebe Doneski from Law Insider
19:03In this episode, tech company counsel Hebe Doneski tears down an independent contractor agreement from Red Lion hotels. This agreement stands out specifically because it doesn’t stand out—it’s pretty typical for an engagement for work that’s becoming more and more common. We talk about the assignment of inventions, use of confidential information, incorporations by reference, and big picture shifts in the nature of work. So let’s tear it down.
SolarWinds Software Services Agreement with Otto Hanson
22:56In this episode from Law Insider, TermScout Founder and CEO Otto Hanson tears down the SolarWinds Software Services agreement. This document has been in the news after a historic breach, but as Otto points out, these software agreements are often part of a complex web of contracts. Otto shares how to manage and examine complex software supply chain agreements quickly, so let’s tear it down.
Vortimo Software Services Agreement with Ryan Finn
27:20In this episode from Law Insider, Ryan Finn tears down a software license agreement from Vortimo. This agreement is fairly typical of licensing agreements that get stuck in a large company’s pile, and Ryan focuses on how to translate the language into decision-makers’ business-speak. There’s balancing risk against business objectives in here, so let’s tear it down.