Automatic Renewal Provisions May Not Be So Automatic…
Recent developments in New York law may cause you to think twice before placing an automatic renewal provision in your contract. In 2008, Isaac Asimov’s daughter, Robyn Asimov, and widow, Janet Asimov, hired Trident Media Group (TMG) to represent the Asimov’s estate as its exclusive literary agent. TMG was engaged to “maintain, sell, license and otherwise exploit”
(read more...)