Law360, New York (June 12, 2012, 12:44 PM ET) -- In the first installment of our series of articles on the Food Safety Modernization Act's (FSMA) potential impact on your commercial contracts and other business arrangements, we discussed how the FSMA has increased the importance of force majeure clauses in you commercial contracts.
In this installment, we explore the impact FSMA may have on title and risk of loss provisions.
Title and Risk of Loss Provisions
Title and risk of loss are two related, but independent concepts. Risk of loss simply refers to whether it is...