Context is everything
February 20, 2011
In the wording of any written contract, there must be no ambiguity of meaning. To achieve this is critical in three respects:
1. Any words, terms and phrases that could have more than one meaning must be identified and discussed at the outset by the parties to a contract, and then must be clearly defined in the contract itself to the satisfaction of all parties.
2. The court, upon reviewing the contract, must be able to understand the unique and particular meaning of those words, terms and phrases that could have been ambiguous, and concur that the agreed-upon meaning of each makes sense within the greater context of the entire contract and its intended purpose. That is, correct interpretation suggests the necessity that the court not compartmentalize isolated words and phrases to arrive at their meaning; rather, the court will normally examine a contract through the lens of generally accepted business practices and meanings, together with its understanding of the intent behind the contract. Therefore, the contract – and the use specifically of ambiguous terms – should be written taking this into account.
3. The parties to the contract must carefully review it before affixing final signatures, especially seeking to eliminate any possible ambiguities that could arise. Such attention to clarity will have impact not only on the present document and any legal ruling pertaining thereto, but the parties to future agreements will be comfortable making reference to it when designing their own contracts.
Transportation Law News
January 17, 2011
Interstate 81, a troubled highway: Rigs transport more than legal goods
While I-81 has been importnat to the economies of many Pennsylvania communities, along with the legal commerce is the associated crime that saps police resources and affects the quality of life for those who live near the highway and use it.
High on the list of crimes associated with I-81 is smuggling drugs.
Among the eight principal drug corridors, I-81 is particularly vital to Drug Trafficking Organizations. I-81 is the primary route for DTOs transporting multi-ton quantities of cocaine, heroin, marijuana and methamphetamine from the southwest border to eastern U.S. drug markets, many of the largest drug markets in the country.
CLINK for more at: http://www.publicopiniononline.com/localnews/ci_17116108
Kaboom! Staged Train Crash in Britan
January 4, 2011
Transportation Law News
December 31, 2010
Reports surfaced yesterday that the US National Highway Traffic Safety Administration (NHTSA) is looking to initiate a Notice of Proposed Rulemaking that would require trucks to activate speed limits.
Truckinginfo.com, the Web site for US-based Heavy-Duty Trucking, reported the official announcement will come early in the year. Ontario and Quebec already require the mandatory use of speed limiters.
The Owner-Operators Independent Drivers Association (OOIDA), which actively lobbied against the Canadian speed limiter laws, was quick to condemn the impending proposal.
Transportation Law News
December 26, 2010
The Real Kings of Logistics
December 20, 2010
Supply Chain Humor
December 15, 2010
Future Vision of Logistics
December 7, 2010
Article by Marvin Hubeman
November 23, 2010
Context is everything – In contracts clarity is key
Appearing in purchasingb2b OCTOBER 2010
By Marvin Huberman
Interview with Marvin Huberman
November 12, 2010
Click to hear the interview: When a deal is not a deal
To read the article by Marvin J. Huberman, “When a deal is not a deal” – Purchasing B2B, Supply Chain Management News & Trends for Buyers, September 2010, p.14 click HERE.