13May
Implied terms: Commercial Court refuses to imply term into a commercial agreement requiring a developer to sell a property within a reasonable time to trigger its obligation to pay a fee
Dentons successfully defended a claim against the developer for non-payment of a US$1.12 million fee. The court decided that an agreement requiring payment only on the sale of a property did not contain an implied term requiring the developer to sell...
By:
Dentons
Source Url: https://www.jdsupra.com/legalnews/implied-terms-commercial-court-refuses-39946/
Related
For the first time in 40 years, the U.S. Department of Education (DOE) will make significant regulat...
Read More >
According to a new report by the Health Care Cost Institute, nearly three-quarters of 112 metropolit...
Read More >
On January 28, 2020, the Federal Trade Commission (FTC) announced the annual changes to the Hart-Sco...
Read More >
The H-1B process for fiscal year 2021 presents employers and their legal counsel with a variety of n...
Read More >
Decisions on reductions in force in school districts are not common in Illinois, so a recent opinion...
Read More >
On November 8, 2019, just before Veterans Day, OFCCP issued Directive (2020-01) (the “Directive”),...
Read More >