Article by Ropes & Gray LLP Regarding Implied Covenant of Good Faith and Sole Discretion Clauses
While the authors don’t mention the Solow case that I wrote about here, it’s a good refresher that “sole discretion” clauses don’t necessarily mean what people think they mean.
New York Law Journal subscribers can read the article here.
PartnerTom represents owners, operators and developers in the acquisition, financing, development, ground leasing, and sale of significant properties. His experience includes office towers, commercial condominiums, industrial ...