Can a Non-Binding Term Sheet Ever Support a Claim for Expectation Damages?
The Delaware Supreme Court, in SIGA Technologies Inc. v. PharmAthene, Inc., Case No. D67068 (Del. Dec. 23 2015), recently reconsidered whether a term sheet labeled as “non-binding” could support a party’s damage claims where his counter-party failed to negotiate in good faith. The Court held that it could, and awarded damages of more than $100,000,000 to the aggrieved party.
Owe Money to the IRS? You Might Lose Your Passport
The IRS has powerful debt collection tools that greatly exceed those available to most nongovernmental creditors. Liens, levies, wage garnishments, and asset seizures become available to the IRS with fewer procedural protections for the debtor than would be present when a general commercial creditor attempts to collect a debt.
Important News from the ACBA Family Law Executive Committee
The ACBA Family Law Committee would like its members and any interested parties to know about SB 917 and SB 1255 – two bills which are currently pending in the State Legislature – and could impact all of us in Family Law Court.
ACBA Member Spotlight: Betsy Brazy
Betsy Brazy opened the Law Office of Betsy Brazy in Oakland in 2012. A graduate of Golden Gate University School of Law, she specializes in helping students with disabilities advocate for their education.
Keeping up with SEO and Social Media: April Roundup
A study this past month suggested that as many as 50 percent of adults fail to recognize ads in Google’s search results. That’s probably good news for anyone currently running a pay-per-click (PPC) campaign, but also a bit disconcerting given Google’s large yellow “ad” label that appears next to all paid results.