X
20Oct

Repurposing Real Estate Development to Counter Weakened Demand: Know the Risks Before Terminating Contracts

Pacta sunt servanda, i.e., agreements must be kept. This applies in both good economies and bad. Companies considering a modification of their business operations to offset lower revenue must be mindful of existing commercial contracts. Implicit in almost every New York agreement is a covenant of good faith and fair dealing in the course of performance. Output and requirements contracts are an exception, however....
By: Robinson+Cole Construction Law Zone
Source Url: https://www.jdsupra.com/legalnews/repurposing-real-estate-development-to-10133/

Related

Construction contracts: ambiguities in remeasurement provisions

Remeasurement provisions are commonly used in construction and engineering contracts where there is ...

Read More >

Second Circuit Rules Against Plaintiff in AutoZone Case and Allows Nixing of her Deposition

Seyfarth Synopsis: In affirming summary judgment in favor of AutoZone, the Second Circuit rules that...

Read More >

EEOC Sues Greensboro Zaxby’s Owner for Sexual Harassment and Retaliation

Female Employee Subjected to Sexual Comments by General Manager, Then Fired Because She Complained, ...

Read More >

Better File Than Sorry – Second Set Of German FDI Screening Rules Imposes Strict Penalties, And Still More To Come

The second of three packages of proposed 2020 amendments to the German rules on control over foreign...

Read More >

As The Workplace Is Evolving, New Federal Labor Laws May Be On The Horizon

As the workplace continues to evolve, lawmakers are poised to develop the labor laws of tomorrow. A ...

Read More >

The Safe Harbor Change for Non-Electives is Big

The SECURE Act created much-needed change to the safe harbor non-elective contributions, making it m...

Read More >