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Unilateral contract Defined

An agreement by which one undertakes an express performance without receiving any express promise of performance from the other.

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Hawaii court blocks state furlough plan

Published July 3, 2009, 5:35 am, Honolulu Advertiser

Throwing Gov. Linda Lingle's plans to close the state's budget deficit into doubt, a Circuit Court judge ruled yesterday that the governor does not have the authority to unilaterally order furloughs for state workers. Circuit Judge Karl Sakamoto determined that furloughs alter the hours and wages of state workers and are subject to collective bargaining granted by the state Constitution.

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Treading on dangerous grounds

Published June 30, 2009, 9:04 am, The Daily Tribune

Commission on Elections (Comelec) officials are treading on dangerous grounds with their idea of becoming the partner of Smartmatic after Total Information Management Corp. (TIM) withdrew from its partnership in the consortium — on claims that they would be violating the law if automated polls are not conducted in 2010.

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Labour and Employment

Published June 30, 2009, 5:22 am, Mondaq

The current expert opinion is that a swine flu pandemic will truly hit in the autumn. This will have significant implications for employers who should now start making contingency plans.

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PSZÁF fines CIB Bank for unilateral changes to loan contracts

Published June 29, 2009, 11:59 pm, Budapest Business Journal

Hungarian financial market regulator PSZÁF on Monday said it fined CIB Bank HUF 6.5 million for making a single unilateral change to a mortgage loan contract that went against regulations.

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Mayor: City drops bond request

Published June 29, 2009, 10:51 pm, Friendswood Journal

The City of Friendswood has withdrawn its request to the District Court of Travis County for a security bond from parties opposing the city's declartory judgment case, Friendswood Mayor David J.H. Smith confirmed Wednesday morning.

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"P500-M demand" broke poll deal

Published June 29, 2009, 10:27 pm, Philippine Daily Inquirer

A demand for half a billion pesos made in jest by the head of Total Information Management Corp. from its partner Smartmatic Corp. has been alleged as the “deal breaker” in their joint P7.2-billion automation poll contract bid with the Commission on Elections.

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