You have probably heard the next phrase before, but this—actually happened.   As mentioned in the previous short piece regarding the black hole problem (1/2), many standardized terms (and boilerplate clauses) may be reused without reflection and become...

When did you last time actually read the more standardized terms? Standardized terms (and boilerplate clauses) may—in several aspects of corporate law—be reused without further reflection, being devoid of meaning and therefore becoming a contractual “black...