Contract Teardown Show from Law Insider

Elon Musk made headlines when he offered to buy Twitter. Then he caused a stir when his lawyers tried to absolve him from the deal by claiming breach of contract. There are still lots of questions about what is actually in the contract and if Musk’s claims are enforceable, so we enlisted the expertise of Contract Teardown veteran James Raanan. Watch as he tears down the Musk/Twitter Sale Agreement and Plan of Merger and examines where Musk’s lawyers found reason to end the deal. Contract: https://www.lawinsider.com/contracts/cmcxt8A0Vln#:~:text=and-,TWITTER,-%2C%20INC.&text=%E2%80%9CSilver%20Lake%20Investment-,Agreement,-%E2%80%9D%20means%20the&text=AND%20PLAN%20OF-,MERGER,-THIS&text=by%20and%20among-,Twitter,-%2C%20Inc.%2C%20a ​​About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/  ​​Check out our reviews on G2: https://bit.ly/3cbBCZ1​​​​  Check out our tutorials: https://support.lawinsider.com​  Follow Law Insider on Twitter: https://twitter.com/lawinsider ​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

Charlie Sheen once had his sexual partners sign a non-disclosure to ensure his private information didn’t get leaked. Unfortunately, it didn’t work, and the world learned about his HIV status after a source close to the actor leaked it to a tabloid. Join us as business attorney Shavon Smith tears down Sheen’s infamous NDA and tells us how effective these are for establishing trust in both business and personal relationships. Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/06/NDA-Contract-Teardown-S.-Smith.pdf About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/  ​​Check out our reviews on G2: https://bit.ly/3cbBCZ1​​​​  Check out our tutorials: https://support.lawinsider.com​  Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​  Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

Celebrity influencer agreements are a special breed of product endorsement contracts. Watch as attorney Giselle Ayala tears down Shaq’s agreement with Papa John’s, in which the famous basketball player-turned-pizza-guru agrees that the company can use his image to create unique advertising content. There’s a lot to learn about how contracts can protect influencers and make big companies happy with their endorsement deals, so let’s tear it down! Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/06/PAPA-JOHNS-Agreement.pdf  About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/  ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​  Check out our tutorials: https://support.lawinsider.com​  Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​  Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin...  ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

While artfully worded, most people think of Uber as a ride service and their drivers as one and the same, not a software company. Drafters should take care not to create contracts that elevate form over substance. Regardless of how Uber labels itself and its drivers, legal tests determine whether drivers are employees or independent contractors. Customers--and perhaps even some drivers--would be surprised to learn that drivers sign a software agreement, not another type of contract or employment agreement. Thank you for listening! *****Contract: https://www.lawinsider.com/contracts/317czhEDECX#:~:text=or-,Software,-%2C%20or%20(c)&text=OR-,SOFTWARE,-%2C%20INCLUDING%20BUT&text=OF-,UBER,-SERVICE%20AND About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/  ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​  Check out our tutorials: https://support.lawinsider.com​  Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​  Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

Subscription software companies whose entire business model relies on availability of service have good reason to contract service guarantees. Enter the Service Level Agreement, an accompaniment to a Master Service Agreement that specifically outlines services provided, how these are measured, and issue resolution. Listen as Michael Curylo, an L.A.-based lawyer working at the intersection of technology and entertainment, tears down the SLA for customer data platform Tealium. As Curylo says, while these contracts aren’t always necessary, they can do things the MSA can’t do to protect both parties and ensure their business relationship functions as it should. Contract: https://tealium.com/terms/sla-addendum_v28feb2019/ and might refer to the master terms https://tealium.com/terms/MSA-Tealium_Terms_of_Service_Americas_v31MAR2020/ ​​​​About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

Lawyers aren’t accountants, but when drafting corporate purchase agreements, they often have to deal with tax questions. Watch as Tyler Stone, international business law expert, tears down a multinational plan of merger and reorganization and tells us all about the complex tax codes within these contracts. Stone offers an insider understanding of the taxation rules behind global M&A deals, explaining how the system works to incentivize investment and ensure tax responsibilities fall where they should. Contract: https://www.lawinsider.com/contracts/hjKoVJQTDVG#:~:text=defined%20in%20Sections-,368,-(a)(2)(F)(iii)%20and ​About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

In this episode of Contract Teardown, attorney and business advisor Marc Halsema talks venture capital as he tears down a Series A Preferred Stock Agreement. These contracts secure big investments by promising preferential stock incentives. They also contain ancillary clauses and reps and warranties that protect both parties and set a strong foundation for the investment relationship. Watch as Marc tells us about industry-specific contract variations–and stay to the end to get some insider advice on raising capital! Contract: https://www.lawinsider.com/contracts/gr44FAybwPE About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================  

In this episode of Contract Teardown, attorney Jim Lowry digs into a Chicago-area residential real estate agreement to ask: what do we gain with standardized contracts? Illinois State law dictates that brokers cannot draft sales agreements, so Multi-Board Contract 7.0 streamlines real estate transactions and ensures they are all subject to the same protections and procedures. Hear what Jim has to say about the document and decide for yourself if a standard form makes things easier on attorneys. Contract: MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 7.0 https://drive.google.com/file/d/1I0CWohZ042bFWrB2eDfZyUayFGbCXLCe/view?usp=sharing ​ About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start  Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center.  Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

In this episode of Contract Teardown, Olga V. Mack, CEO of Parley Pro and contract law extraordinaire takes us through emerging trends in consumer contracts spearheaded by big tech companies like Apple and Google. Watch as she tears down Apple’s privacy details and Google’s terms of service, highlighting how design innovations are shaping consumer-friendly documents that are simple, easy to use and esthetically friendly. Contract: Apple: https://developer.apple.com/app-store/app-privacy-details/ Google: https://policies.google.com/terms?hl=en ​​​​About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================

The Walt Disney Company is rapidly growing its subscription-based streaming services as they close in on Netflix, the leader with more than 200 million subscribers. Disney has about 174 million subscribers across all its streaming platforms with their  Disney+ and ESPN+ at about 116 million and 15 million subscribers. Subscribers must agree to the Disney+ and ESPN+ Subscriber Agreement to get access. Attorney Benjamin Burns explains how this one-sided, non-user-friendly, horribly-formatted agreement is designed to give Disney aggressive access to mine, collect and share your data. Contract: https://www.disneyplus.com/legal/subscriber-agreement ​​​​About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com​​​​) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start  Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center.  Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ ​​Check our our reviews on G2: https://bit.ly/3cbBCZ1​​​​ Check out our tutorials: https://support.lawinsider.com​ Follow Law Insider on Twitter: https://twitter.com/lawinsider​​​ Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ============================= Law Insider Promo Code: TEARDOWN2 =============================