Episode 18: Conditions in Contracts – When Obligations Depend on Events

Organized: The Business Law Breakdown

Uncover the role of conditions in contract law and how they affect parties’ obligations. Professor Oranburg explores different types of conditions, including conditions precedent, subsequent, and concurrent. You’ll learn how conditions are created, interpreted, and sometimes excused. Through practical examples and landmark cases, understand how conditions can protect your interests or create risks in contractual relationships. Gain insights into drafting effective conditions and navigating agreements where performance depends on specific events or circumstances.