Under Minnesota law, litigants can now officially claim temporary frustration of purpose as an affirmative defense for nonperformance of a contract—and potentially claim the doctrine as a basis for a ...

Discover how to read and understand your insurance contract with ease. Learn key terms, principles, and tips to ensure you're covered and make informed decisions.

Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success. This type of insurance provides ...