United States: Contracts and Commercial Law

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Article
Vermont Passes Commercial Financing Licensing Bill
Vermont's newly approved House Bill 648 introduces comprehensive licensing and disclosure requirements for commercial sales-based financing and accounts receivable factoring providers, fundamentally reshaping how these financial services operate in the state. The legislation establishes strict operational restrictions, including limitations on automatic account debiting and prohibitions on confession of judgment clauses, while carving out exemptions for larger transactions and certain financial institutions
United States Finance
MB
Mayer Brown
Article
California Enacts SB 623, Avoids Ballot Fight On Personal Injury Recovery, Rideshare Liability
California's Senate Bill 623 represents a legislative compromise between Uber and the Consumer Attorneys of California, ending a contentious ballot-measure fight over rideshare accident liability, medical lien practices, and personal injury recoveries. The new law imposes rideshare-specific limits on recoverable medical expenses, disclosure requirements for lien transfers, and restrictions on attorney-provider referral arrangements, while avoiding broader statewide constraints on contingency fees and medica
United States Litigation
HK
Holland & Knight
Article
Still Selling Judgment: How Law Firms And Accounting Firms Must Prepare For AI-driven Pricing Change
As artificial intelligence transforms the economics of professional services, the traditional billable hour faces mounting pressure. While complex matters requiring deep judgment may retain time-based billing, routine tasks compressed by AI are forcing firms to confront a fundamental question: how do you price expertise when effort no longer correlates with value?
United States Strategy
GGI Global Alliance
Article
Hotel Performance Tests During Periods Of Geopolitical Uncertainty
Hotel performance tests have come under renewed scrutiny as upper-upscale and luxury hotels face economic challenges from global geopolitical unrest. This article examines the core elements of hotel performance tests in management agreements and provides strategic guidance for hotel operators navigating potential test failures. Understanding the two-prong structure, cure rights, and applicable exceptions becomes critical when operating performance faces continued headwinds.
United States Real Estate
GP
Goodwin Procter LLP
Article
Breaking Down New Jersey’s “Mansion” Tax: What Buyers And Sellers Need To Know
Recent legislative changes have fundamentally altered New Jersey's Mansion Tax, shifting payment responsibility from buyers to sellers and introducing a graduated fee structure for high-value real estate transactions. Understanding these changes is critical for anyone involved in property sales exceeding $1 million, as the tax can represent a substantial closing cost that affects deal economics and negotiation strategies.
United States Tax
SH
Scarinci Hollenbeck LLC
Article
ADA Compliance Inquiries From Jose Arocho: Key Considerations For Napa Valley And Northern California Hospitality Businesses
Northern California hospitality businesses are receiving pre-visit ADA accessibility inquiries from advocates like Jose Arocho, who requests detailed information about accessible features before ever visiting properties. These requests, which extend beyond traditional demand letters, create unique compliance challenges for hotels, wineries, and restaurants operating in complex environments with elevation changes and historic structures. Understanding how to respond appropriately can help businesses reduce l
United States Consumer
JM
Jeffer Mangels & Mitchell LLP
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