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Daily Archives: Friday, November 10, 2017

Posted: November 10, 2017

Agreement Binding Even Though Parties Envisioned Further Negotiations Over Non-Material Terms

On November 9, 2017, the Fourth Department issued a decision in RES Exhibit Services, LLC v. Genesis Vision, Inc., 2017 NY Slip Op. 07796, holding that an agreement was a binding contract even though the parties had agreed further to negotiate some of the agreement’s terms, explaining: In determining whether a contract exists, the inquiry… Read more »