X
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 | | Return|
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

Financial Daily Dose 10.13.2020 | Top Story: Disney Overhauls Organization to Focus on Streaming

New Disney CEO Bob Chapek made one of his biggest moves yet since taking the reins, announcing a rea...

Read More >

NLRB Issues Notices Of Proposed Rule Making To Codify Certain Union Election Procedures

Seyfarth Synopsis: The NLRB recently published a Notice of Proposed Rule Making regarding three prop...

Read More >

Energy & Sustainability M&A Activity – January 2021

Recent M&A Activity - December 1, 2020: EAPC Wind Energy, a subsidiary of EAPC Architects Engineer...

Read More >

Developing Workplace Policies and Procedures To Combat Coronavirus (COVID-19) – A Common Sense Approach

On January 31, 2020, Health and Human Services Secretary Alex M. Azar II declared a public health em...

Read More >

Affordable Housing in Minnesota Not Significantly Impacted by Governor’s “Stay At Home” Order

On March 25, 2020, Minnesota Governor Tim Walz issued Emergency Executive Order 20-20 in response to...

Read More >