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Fertilizer Contracts and Counterparty Risk

Significant price volatility in the fertilizer industry has increased the risk of contract defaults. And while handshake agreements between retailers and farmers are still common, it may be time to begin thinking about enforceability.

Understanding proper contracting procedures, then applying two considerations—knowing the counterparty and properly documenting contracts of significance—can help retailers protect themselves. Read more

Republished with permission of Ag Professional, August 2009.

The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.

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