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    News and Articles on Escape Clause



    After sale, Caritas will convert R.I. hospital to Catholic facility  Sep 3, 2010
    Some conservative Catholics oppose the sale to Cerberus, arguing the escape clause in the stewardship agreement means the Catholic identity of Caritas hospitals won t be maintained long term. In a letter sent this week to Rhode Island Superior Court Judge Michael A. Silverstein, who must approve the Landmark deal, a spokesman for the Boston-based Coalition to Save Catholic Health Care asked the judge not to rule until Caritas and Cerberus disclosed detailed plans and financial projections. (Boston Globe)

    Ian Verrender BHP's size now the stumbling block  Aug 20, 2010
    Facing a backlash from its other investors over the Chinalco deal as raw materials prices recovered, Rio Tinto needed an alternative to justify walking away from the Chinese and the $130 billion Pilbara joint venture provided the escape clause. But despite the rhetoric and the assurances, Rio Tinto never had its heart in the joint venture. (Sydney Morning Herald -- Business)

    Contingent Offers Regaining Popularity  Aug 17, 2010
    Sellers who accept contingent-sale offers can include an escape clause in the contract. This clause allows the sellers to notify the contingent-sale buyers of a competing offer and they must remove the contingency in 72 hours (on average) or lose the home. (Realtor Magazine Online)

    Founders wouldn't demand Ground Zero mosque  Aug 4, 2010
    "But the Constitution does not carry an escape clause. We do not get to jettison our national ideals just because they cause pain or provoke.". Just where in the Constitution, one may ask, is it written that a mosque must be built in Manhattan on this particular place. (Fredericksburg.com, VA)

    Levin: Media too focused on negative in Afghanistan; it's a 'mixed picture'  Aug 2, 2010
    Fortunately he left an escape clause so the republicans would not unmercifully attack him when he ended that war. It is over, Mr. Levin. (TheHill.com)

    Woolies hammered over hardware plan  Jul 28, 2010
    6:54PM Wednesday Jul 28, 2010. Search brisbanetimes. (Sydney Morning Herald -- Business)

    AB32 to face 2 challenges on November ballot  Jul 26, 2010
    She said she had negotiated the escape clause with Schwarzenegger so a governor could suspend the law "in the most extraordinary circumstances ... from wars to significant natural disasters." The "significant economic harm" provision, Pavley said, was aimed at severe and long-lasting financial disruption, not at economic fluctuations. But the text of the law contains no such limitations and appears to give the governor free rein to order a suspension. (San Francisco Chronicle -- Politics)

    City needs professionals, not politicians, in stadium talks  Jul 25, 2010
    Terms of that agreement allow the Rams to exercise an escape clause when a stadium that opened in 1995 ceases to be in the top 25 percent most state of the art in the NFL, which has already occurred. Such a shortsighted deal was worse than irresponsible. (San Diego Union-Tribune)

    Build the mosque near Ground Zero; it's the American way  Jul 22, 2010
    But the constitution does not carry an escape clause. We do not get to jettison our national ideals just because they cause pain or provoke. (Juneau Empire)

    Ways to Get a Dawdling Contractor Moving  Jul 17, 2010
    If you or your clients are still dissatisfied by the explanation, suggest they hire a real estate attorney to review the contract to see if there is an escape clause or other way around the problem. Source: The Wall Street Journal, June Fletcher (07/14/2010). (Realtor Magazine Online)

    Special education dilemma  Jul 7, 2010
    Other states, including Kansas and Iowa, have asked the federal government for permission to cut back on the money they provide districts for special education, under a built-in escape clause in the federal special education law that is aimed at financially struggling states, according to a report in Education Week. While those waivers have been granted -- and New Jersey could certainly be counted as a financially struggling states -- they constitute only a single year's solution. (NJ.com -- Times)

    FA to demand Capello explains splits in camp  Jul 2, 2010
    " Richards is also facing pressure over his role in the removal of an escape clause in Capello's contract, meaning compensation of upwards of 5 million pounds would be payable should England seek a fourth new coach in as many years. The need for stability as well as prudence is one of the factors working in Capello's favour, and there is a growing expectation that he will stay. Meanwhile, England could face the Republic of Ireland in Dublin this year for the first time since rioting fans forced... (Sydney Morning Herald -- Sport)

    Caritas sale critics grow more vocal  Jul 2, 2010
    All will retain their Catholic identities under a stewardship agreement Cerberus reached with the Archdiocese of Boston, though an escape clause would allow the buyer to end the religious affiliation in exchange for donating $25 million to charity. Under the deal, unveiled March 25, the buyer agreed to assume $430 million to $450 million in Caritas debt while committing to spend $400 million for capital improvements and other uses. (Boston Globe)

    Fuel price hike: Impact and implications on various sectors  Jun 29, 2010
    There is also an escape clause. The government has already said it would intervene if crude prices rise sharply. (India Times)

    Capello has no plans to quit after England loss  Jun 28, 2010
    In early June, the Capello signaled his desire to remain with England by signing a deal with the FA that removed an escape clause that could have let him leave after the World Cup. Capello, who has coached Real Madrid and AC Milan, took over the England squad in January 2008 after Steve McClaren was fired for failing to qualify England for the 2008 European Championship. (SportsIllustrated.CNN -- Soccer)

    Storm's future in doubt  Jun 24, 2010
    News s escape clause in its Olympic Park Trust lease has spooked Storm supporters, who had believed it was committed to AAMI Park, given that the Victorian government spent $270m on the facility, also to be used by A-League clubs Melbourne Victory and Heart as well as the Rebels. However, News has sunk nearly $100m into the Storm since the club s inception and Melbourne add value to the NRL media rights contract. (Sydney Morning Herald -- Sport)

    Thomaston officials mull how to run Opera House  Jun 10, 2010
    Both Mr. Mone and Mrs. Torrence agreed that whether or not the "Long-term Operational Model's" five-year contract remains, there should be some sort of "escape clause" where the TOHC can intervene if the new C.O. is not performing according to contract. Some residents, during public comment, voiced their concern that the new C.O. would not be as connected within the community as the Opera House is now. (Town Times, CT)

    Dozens lend their support to Caritas sale  Jun 9, 2010
    But the deal contains an escape clause that would allow the owner to end the religious affiliation in exchange for a $25 million donation to charity. Megan Woolhouse can be reached at ; Robert Weisman can be reached at. (Boston Globe)

    Big question for Cardinals: Is Matt Leinart a real starting QB?  Jun 9, 2010
    Instead, coach and general manager laud Leinart but leave themselves an escape clause by saying they have no interest in Bulger at this time. The inference is that "at this time" might change if Leinart lands flat on his handsome face. (USA Today -- Sports)

    Cards must go all in on Matt Leinart  Jun 8, 2010
    Instead, coach Ken Whisenhunt and General Manager Rod Graves laud Leinart but leave themselves an escape clause by saying they have no interest in Bulger at this time. The inference is that "at this time" might come soon if Leinart lands flat on his handsome face. (AZCentral -- Sports)

    Capello to stay with England through Euro 2012  Jun 4, 2010
    The agreement removes an escape clause that could have let the Italian leave after the World Cup in South Africa. "I always wanted to stay until the end of my contract,'' Capello said. "In South Africa, we are totally focused on the World Cup. (SportsIllustrated.CNN -- Soccer)

    Southern Africa: Farmers Want Zim Suspended From SADC  Jun 2, 2010
    "If a SADC member state in breach of the treaty can say that a treaty does not conform with its domestic laws and this [view] is allowed and a country can shield behind this argument and use it as an escape clause for any domestic court, the SAC Tribunal rulings will come to nothing," Gauntlett said. Justice Ariranga Govindasamy Pillay of Mauritius, who chaired the hearing, reserved judgement. (allAfrica.com)

    Moratti says Capello a candidate for the Inter job  May 29, 2010
    8 million escape clause in Mourinho's contract, but Moratti remains hopeful the double Champions League winning coach will have a change of heart. "We want to bring the negotiations to a close,'' Moratti said. "I don't have any deadline for choosing a coach and who knows Mourinho could stay and then there would be no need for a new coach. (SportsIllustrated.CNN -- Soccer)

    British leaders promise changes  May 13, 2010
    And they said they would work together to tear up the old political system by establishing five-year fixed terms for Parliament though they left an escape clause for disgruntled legislators, under which Parliament could be dissolved if 55 percent of its members voted in favor of doing so. The moves were designed to demonstrate to a jittery, skeptical public that the new government would act swiftly and that two parties whose past relations have shifted along the spectrum from contempt to... (Boston Globe)

    Hearings to be set on Caritas Christi sale  May 12, 2010
    The agreement contained an escape clause that would allow the private equity firm to end the religious affiliation in exchange for a $25 million donation to charity, but Cerberus and Caritas officials say they have no plans to do that. The filings with the public health department were applications for determination of need requiring the department s approval when hospitals change ownership. (Boston Globe)

    State furlough bill heading for Monday vote has escape clause  May 8, 2010
    Paterson's legislation, however, includes an escape clause that would save workers from furloughs if two major state employee unions -- the Public Employees Federation and the Civil Service Employees Association -- negotiate commensurate savings. "The furlough would not apply to those subject to a negotiated agreement providing comparable personal savings," reads the language of the bill memo, which was sent to the press after 5 p.m. Friday. (Albany Times Union)

    Caritas deal has a secular option  May 7, 2010
    The private-equity firm proposing to purchase Boston s six Catholic hospitals intends to maintain the hospitals religious identity, but has also negotiated an escape clause that would allow the firm to end the religious affiliation in exchange for a $25 million donation to charity. The much-anticipated agreement between the private equity firm, Cerberus Capital Management, and the Archdiocese of Boston, was released yesterday by Attorney General Martha Coakley, who is obligated by law to review... (Boston Globe)

    Telstra compromised by a whale of a rumour  Apr 16, 2010
    Peabody believes Macarthur can rely on a fiduciary duty escape clause. Noble may or may not agree, and Xstrata is in the background. (Sydney Morning Herald -- Business)

    After 39 years, Texas Stadium ready for implosion  Apr 10, 2010
    The state transportation department has a 10-year lease to use the land as a staging area for the project, with an escape clause if a development deal comes along. A sense of fading nostalgia was already evident at a luncheon Friday, when Mayor Herbert Gears presented a key to the city of Irving to Alicia Landry, widow of the club's longtime coach. (Brainerd Daily Dispatch)

    Glendale to vote on Phoenix Coyotes lease agreements  Apr 8, 2010
    Reinsdorf also appears to be asking for an "escape clause" that would allow him to sell the team after a period of three to five years if the team were not making enough money, sources said. Local attorney John Kaites, a member of the Reinsdorf group, did not return a call for comment. (AZCentral)

    Dodgers' tentative roster has Russ Ortiz in 'pen  Apr 4, 2010
    "I have a suit in my car, so if anybody tells me to go [to Pittsburgh], I'll go get it," said Green, who has an escape clause in his minor league contract that allows him to become a free agent if he doesn't make the team but said he isn't planning to exercise the clause ... Given that Green was willing to waive his escape clause and Ortiz wasn't -- Ortiz said he probably would retire if he didn't make the team -- putting Ortiz on the big league club prevents the Dodgers from losing a player. (ESPN -- Baseball)

    Haeger looks convincing in LA win  Mar 28, 2010
    The position player who seems to be most on the bubble is Nick Green, a non-roster shortstop who has an escape clause if he's not in the Major Leagues. is a reporter for MLB.com. (MLB.com -- Los Angeles Dodgers)

    China tries to cool yuan dispute with U.S.  Mar 19, 2010
    If China is formally classified as a currency manipulator, the U.S. Treasury must quickly launch talks with Beijing, raising pressure for concessions, although U.S. law offers an escape clause to avoid that step. GRADUAL APPRECIATION. (The Star Online, Malaysia -- News)

    Dame Lady Luck winks at SDSU  Mar 12, 2010
    LAS VEGAS Its a rare day on the road even more uncommon in this city that spits in the eye of good-fortune hunters when a San Diego States mens basketball team can exercise the escape clause in its bad contract with Lady Luck. The Aztecs and Miss Chance havent exactly had a loving relationship. (San Diego Union-Tribune)

    Weaver returns with something to prove  Feb 28, 2010
    Just in case, this year he has an escape clause if he doesn't make the big league club out of camp, "so I don't have to do the Triple-A thing again.". "Obviously, they know what I can do or they wouldn't have brought me back," Weaver said. (MLB.com -- Los Angeles Dodgers)

    Dodgers' Gagne says he has 'a lot of regrets'  Feb 21, 2010
    "The Mitchell report and everything is negative. I have said it 150 times, [that] it's always going to be on my resume for the rest of my life. People will second-guess everything I do, and if I have a good year, they will all second-guess. That is normal. I'm not expecting anything else. But for me, it's over. I have to go on. I can talk about it every day, but it doesn't matter. I still have to go out and pitch and perform.''A dramatically slimmer Gagne reported to spring training with the... (ESPN -- Baseball)

    Colletti brings back Gagne  Feb 20, 2010
    If he doesn't make the team, he has an escape clause. The $500,000 salary is 95 percent less than the $10 million Gagne made in his final season with the Dodgers. (MLB.com -- Los Angeles Dodgers)

    Source: Dodgers, Gagne ink minor league deal  Feb 19, 2010
    The deal contains an escape clause, allowing Gagne to again become a free agent if he doesn't make the team, something that is fairly standard for minor league deals signed by major league veterans. Originally signed by the Dodgers as an undrafted free agent in 1995, Gagne won the Cy Young Award as the team's closer in 2003, when he was a perfect 55 for 55 in save opportunities. (ESPN -- Baseball)

    Inbox: Pondering the smaller wall  Feb 11, 2010
    It seems Valentine already is in the employ of ESPN, but I'd have been stunned if he didn't have an escape clause that would allow him to accept a managing job. Have a question about the Mets. (MLB.com -- NY Mets Mets)

    Goldman Parachute Awaits Geithner to Ease Fall  Jan 26, 2010
    Updated: New York, Jan 26 04:39 London, Jan 26 09:39 Tokyo, Jan 26 18:39. Commentary by Caroline Baum. (Bloomberg -- Columnists)

    Abbott's fight to have choir sing from same hymn sheet  Jan 25, 2010
    Tony Abbott's religious background is the escape clause for partisans simply too lazy to address policy research, preferring headline and reflecting agreed spin. Tony Abbott is the Coalition's newest sacrificial lamb. (Sydney Morning Herald -- Opinion)

    Leno holds nothing back in monologue  Jan 12, 2010
    "It set legal precedence because they wanted to keep Letterman, but he jumped ship through an escape clause.". The effect of that incident has been reverberating through NBC for years, he added. (CNN)

    Kemp unlikely to push for long-term deal  Jan 10, 2010
    Of the nine most expensive deals, the club traded the player three times to dump salary, while four suffered serious injuries during the term of the contract and one left the club through an escape clause. The other one is Manny Ramirez, who missed 50 games with a drug suspension. (MLB.com -- Los Angeles Dodgers)

    Chargers Zone In as the Postseason Plays Out  Jan 10, 2010
    The bye didn't come with a complete escape clause as the Chargers will work three days this week before getting the weekend off. But what set the Chargers off on a winning streak that led to their fourth straight AFC West title. (BroncosUpdate.com)

     Bus stop  Jan 10, 2010
    He suggested a short-term contract with a giant escape clause. If the program fails, both sides need to be able to walk away with no expectations. (Laurel Outlook, MT)


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