Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

The International Alliance of Theatrical Stage Employees and Alliance of Motion Picture and Television Producers have reached a tentative deal on a new Hollywood Basic Agreement and Videotape ...

As an employer, you want an employment contract that protects you and your business, while ensuring a suitable work environment for your employee. When both interests are equitably served, your ...

Talks began for the latest contract, which affects film and television workers working in 13 states, in early December 2021. By Katie Kilkenny Labor & Media Reporter The Teamsters Local 399 and ...

The Teamsters and other Hollywood Basic Crafts unions have reached a tentative deal on a new contract with the major studios — deals that are expected to bring at least two years of calm between labor ...

A coalition of unions representing drivers, mechanics, location managers, electricians and other Hollywood crew members has struck tentative contract deals with the major studios — closing out a long, ...

Film and TV crew members have ratified a new three-year contract with the entertainment companies after a relatively smooth bargaining period on the heels of two major Hollywood strikes. Members of ...