“Thanks again to @NY_Contracts. There are many things about 136 Field Point Circle Holding Co, LLC v Razinski that I do not understand. For example, why would one pay $9 million for the option to purchase a property for $19 million? And why would one do that if one were not absolutely certain that one could put together the necessary financing so as not to lose the $9 million plus $1 million in liquidated damages? Fortunately, that is not a contracts law issue …” (more)
[Jeremy Telman, ContractsProf Blog, 14 May]
First posted 2021-05-15 17:30:43
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