‘Endeavouring to negotiate in good faith’

“A recent High Court decision provides a helpful summary on using endeavours in the context of negotiations and doing so in good faith. Portfolio Property Partners planned to construct a 500-acre ‘eco-town’ outside Bicester, Oxfordshire. It acquired land and began the planning application process to do so. Portfolio entered into three agreements with Brooke Homes, a developer …” (more)

[Robert Dickens, Allen and Overy – Compact Contract, 22 December]

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