Dave Wilton dave at WILTON.NET
Sat Dec 21 22:12:13 UTC 2002

Quoting Towse <self at TOWSE.COM>:

> Mark A Mandel wrote:
> >
> > On Fri, 20 Dec 2002, James A. Landau wrote:
> >
> > #An obvious candidate for 2002 Word-of-the-year is "Enron" used as a
> metaphor.
> >
> > Including verbally. The company I worked for was bought by a competitor
> > and enronned.
> >
> The Fella and I were discussing WOTY last night over dinner: he
> suggests "material breach" - an amorphous term as yet to be
> defined.

It's certainly topical, but it's neither new nor undefined. It's a standard
legal term referring to failure to uphold one of the primary obligations of a
contract or agreement. It may be a bit amorphous in that what constitutes a
material v. non-material breach may be in the eye of beholder.

Dave Wilton
dave at wilton.net

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