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Poyner Spruill LLP

Duty to Negotiate in Good Faith: Much Ado About Nothing?

Poyner Spruill LLP on

Much ado has been made over the North Carolina Business Court’s ruling this past summer in RREF BB Acquisitions, LLC v. MAS Properties, LLC, 2015 NCBC 58, recognizing a cause of action for so-called “duty to negotiate in good...more

Smith Anderson

North Carolina Business Court Recognizes Duty to Negotiate Contracts in "Good Faith"

Smith Anderson on

Until there’s a binding contract, are you free to walk away from negotiations without penalty? Not necessarily. The North Carolina Business Court recently held that in certain circumstances parties have a duty to negotiate in...more

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