Quality Products and Concepts Co. v. Nagel Precision, Inc.

This case implicates fundamental principles of contract law. The primary issue presented concerns the circumstances under which a contract can be waived or modified, particularly where the contract protects itself against certain methods of waiver or modification. At the heart of this inquiry is how to resolve the tension between the freedom to contract—specifically, in this case, the freedom to enter into a contract concerning the same subject as the original contract—and the provisions of the original contract that restrict the manner in which the contract’s terms may be waived or modified.

W…