Daily Archives: Monday, January 25, 2021

Posted: January 25, 2021

Contract’s Requirement That Party Accept “Reasonable” Purchase Offers Enforceable

On January 13, 2021, the Second Department issued a decision in LMEG Wireless, LLC v. Farro, 2021 NY Slip Op. 00164, holding that a contract’s requirement that a party accept “reasonable” purchase offers was enforceable, explaining: Here, the first three causes of action alleged that the defendant committed breach of contract as to each plaintiff... Read more »