News & Analysis as of

Time is of the Essence

Bennett Jones LLP

Stay Off the Slippery and Precarious Slope when Time is of the Essence

Bennett Jones LLP on

"Better three hours too soon than a minute too late" wrote William Shakespeare in The Merry Wives of Windsor—a line that would have fit well in the judgement of the Ontario Court of Appeal in its recent decision in 3 Gill...more

Searcy Denney Scarola Barnhart & Shipley

Timing is Everything: When to File a Personal Injury Lawsuit

Suffering through a personal injury can be a distressing experience. Aside from the injury itself, you may be facing medical bills that quickly become very expensive, as well as a loss of income, hospital, doctor visits and...more

Bass, Berry & Sims PLC

Recent Tennessee Construction Cases Regarding Effects of Unlicensed Contracting and "Time is of the Essence" Clauses in Contracts

Bass, Berry & Sims PLC on

While neither of the recent cases discussed below establishes new law, they serve as good reminders of principles and requirements that can be important to participants in construction projects in Tennessee. The first case,...more

Kramer Levin Naftalis & Frankel LLP

"Time Is On My Side" - When a "Time of the Essence" Closing Date Keeps Rolling Like a Stone for 60 Days

The recent decision of the Bankruptcy Court for the Southern District of New York in In re AAGS Holdings LLC, Case No. 19-13029 (SMB) (Bankr. D. Del. Nov. 12, 2019), underscores the ability of debtors — and specifically, for...more

Allen Matkins

Time Is Of The Essence Clause Does Not Necessarily Result In Breach For Late Performance

Allen Matkins on

Rugger Investment Group LLC contracted to sell an airplane to Magic Carpet Ride, LLC (MCR). Rugger deposited a lien release into escrow 8 days late. MCR succeeded in obtaining summary judgment on its breach of contract claim....more

Buckingham, Doolittle & Burroughs, LLC

Dear YouDig? Must be done on time? Don't get burned!

Dear YouDig? We decided to expand our plant to meet the needs of a major international customer. This is a game changer for us. We MUST have the expansion completed within 10 months in order to meet the client’s demands or...more

Carlton Fields

General Guidelines For Florida Landlords

Carlton Fields on

Below are some general guidelines and checklists that Florida landlords may want to consider when dealing with tenants, including pre-litigation tips and recommended lease provisions. ...more

Snell & Wilmer

Purchase Options: Strict Compliance Required

Snell & Wilmer on

In a rising real estate market, we tend to see more disputes relating to purchase options. Given the increase in value, the property owner would rather avoid the option and sell at a higher price. The option holder can make...more

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