United States: Contracts and Commercial Law

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Article
The Law Of War - Force Majeure In Time Of War (And Peace)
The events in the Gulf region have disrupted supply chains for gas, petroleum, and aluminum, prompting force majeure claims under supply contracts. This analysis examines the legal framework for determining when force majeure provisions apply, exploring the three critical elements—definition, affected obligations, and extent of impact—and their application in the context of the Iran War and its effects on production facilities, vessel movements, and delivery obligations.
Worldwide Government
BB
Baker Botts LLP
Article
The GSA AI Clause Clock Is About To Start: What Schedule Holders Must Do Before Refresh 32 Drops
GSA is poised to incorporate its controversial AI clause into MAS Solicitation Refresh 32, giving existing Schedule holders just 60 days to accept sweeping new obligations around AI system ownership, data usage restrictions, and vendor liability. Companies using AI in contract performance face complex compliance challenges involving custom development rights, training data prohibitions that may conflict with commercial vendor agreements, and downstream liability for third-party AI providers.
United States Government
BA
Bradley Arant Boult Cummings LLP
Article
Asset Purchase vs. Stock Purchase In M&A: The 2026 Guide For Buyers And Sellers
Asset versus stock purchase structures create fundamentally different tax, liability, and operational outcomes in M&A transactions. Understanding how deal structure affects basis step-up, successor liability exposure, contract assignment requirements, and after-tax proceeds is essential for Oklahoma buyers and sellers navigating acquisitions in 2026, particularly following the OBBBA tax law changes that reshaped QSBS treatment and capital gains planning.
United States Commercial
CL
Cantrell Law Firm
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