Borough Of Elco

Elco, PA 15434

ALI approves controversial Restatement of Consumer Contracts at its annual meeting

By Nicholas Malfitano | Wednesday, May 18, 2022 @ 8:40am

WASHINGTON – At its annual meeting this week, the Philadelphia-based American Law Institute voted to approve a Restatement intended to give legal clarity to consumer contracts – a project which has been subject to controversy, since its foundation is said to diverge from established contract law in some respects.
ALI's Consumer Contracts Restatement may come up for approval vote this year, despite increasing concerns

By Nicholas Malfitano | Thursday, Jan 20, 2022 @ 7:03am

PHILADELPHIA – At a virtual meeting this week, the Philadelphia-based American Law Institute is scheduled to continue work on a Restatement meant to give legal clarity to consumer contracts – a project yielding “significant concerns,” according to a member of the legal scholarship organization, especially since it may come up for a final vote at the group’s annual meeting this spring.