Posts Tagged ‘integration clause’
Superfluous Text in a Contract Opens Door to Litigation
The recent case of Schron v. Troutman Saunders LLP, from the New York Court of Appeals, New York’s highest court, shows the importance of not including unnecessary verbiage in a contract just because it’s traditional. In this case, an LLC (“Cam Equity”) was granted an option to acquire 99.999% of the membership units of another…
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