Few areas of contract administration are as fraught with unintended consequences as the releases so often included in contract modifications and settlement agreements. While releases can provide the clean slate that parties need to resolve past issues and move forward with contract performance, they can also be weaponized in future disputes to bar relief. Arnold & Porter counsel Amanda Sherwood recently published a BRIEFING PAPER analyzing recent board of contract appeals decisions that interpret the scope of releases, which remind contractors of the need to take care in signing a release or risk “let[ting] it go.”
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Read the Fine Print Before You “Sign on the Dotted Line”
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