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Daily Archives: Monday, June 14, 2021

Posted: June 14, 2021

Party to Agreement Not to Disclose Ongoing Negotiations Can Be Held Liable for Time and Money Spent on Negotiations

On May 18, 2021, the First Department issued a decision in Garda USA, Inc. v. Sun Capital Partners, Inc., 2021 NY Slip Op. 03146, holding that a party to an agreement not to disclose ongoing negotiations can be held liable for revealing those negotiations, explaining: In its complaint, plaintiff seeks the profits it lost by... Read more »