Using his extensive knowledge of the law, author R.J. Spjut provides a valuable framework for identifying risks in most transactions and the contractual terms and conditions used to allocate and manage those risks. Unlike other books in the area, Transaction Risk: A Legal Guide to Contractual Management Strategies provides a systematic description of transaction risks and the applicable contractual terms that are used to manage them. Beginning with an overview of transaction risk management, chapters following the progress of a civil law contract: planning and documentating risk; counterparty risks; and third-party and uncontrollable event risks. According to Spjut, "I started to think about how you would teach young associates about transaction risk. I would sit in meetings and wonder if anyone knows what they're talking about when discussing risk." This is the answer to that question.

PART I - Overview of Transaction Risk Management