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These old-fashioned ideals — honor and discretion — contribute to the reticence surrounding Sullivan's ouster, along with more mundane issues of contractual legalities, politics and embarrassment.
These contractual constraints are perfectly legal.
Contractual requirements dominate the current legal environment.
With respect to contractual protections, recent acquisition agreements between technology companies and healthtech startups have included detailed sections attesting to the legality of the target company's medical devices and their compliance with laws — specifically FDA regulations, the Federal Food, Drug and Cosmetic Act, HIPAA and any other laws relating to fraud, abuse or kickbacks.
With respect to contractual protections, recent acquisition agreements between technology companies and healthtech startups have included detailed sections attesting to the legality of the target company's medical devices and their compliance with laws — specifically FDA regulations, the Federal Food, Drug and Cosmetic Act, HIPAA and any other laws relating to fraud, abuse or kickbacks.
Contractual obligation.
"But not contractual ones".
contractual liability.
Is it a contractual requirement?
It was a contractual obligation.
"We honor our contractual obligations".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com