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implied covenant of good faith

Coverage of implied covenant of good faith in the Nexus archive.

Earliest in view: Jul 15 · 21:50 UTCMost recent: Jul 15 · 21:50 UTC
Co-mentioned in this coverage
Steinway Towerplace1New York Court of Appealsorganization1111 West 57th Investment LLCorganization1111 W57 Mezz Investor LLCorganization1Apolloorganization1Joshua Kopelowitzperson1Fox Rothschildorganization1
Recent coverage
  • BUSINESSJul 15 · 21:50 UTCAMNY
    Precedent-setting Steinway Tower decision raises challenges for real estate attorneys

    A New York Court of Appeals decision in the Steinway Tower case created a precedent by allowing a lawsuit to proceed despite 'sole discretion' contract language, challenging the enforceability of such clauses. The ruling emphasized an implied covenant of good faith, raising concerns among real estate attorneys about increased litigation costs and delays.

implied covenant of good faith · Dossier · The Nexus