A couple of years ago, this blog carried an article that briefly considered whether the gain realized by a taxpayer on the sale of a contract should be treated as ordinary income or capital gain for ...

In 1936, the International Chamber of Commerce (ICC) developed a set of three-letter acronyms known as Incoterms for use in sale of goods contracts to allocate risk of loss and expenses between buyers ...

Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...