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News & Articles
- Are Agreements To Negotiate In Good Faith Enforceable?
Contractual counterparties often negotiate and agree upon the key terms of a commercial transaction in a term sheet, leave other terms for further negotiation in due course, and agree to negotiate such other terms in good faith with the intention of entering into a definitive agreement based upon the initially agreed key terms. The question is, are such agreements to negotiate in good faith ...
July 9, 2013 - Forbes