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Superior Court Upholds Duty to Negotiate

Posted In Breach of Contract

The Data Centers LLC v. 1743 Holdings LLC, C.A. N15C-02-041-EMD CCLD (October 27, 2015)

This interesting decision upholds a claim based on the alleged duty to negotiate a contract in good faith. This confirms the need to be careful in wording letters of intent or you may be obligated for more than you were willing  to give.

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blog, complex commercial litigation, corporate counseling & litigation