Breach of Settlement Agreement Based on Non-Material Prior Breach
Synthèse Legislator
Généré par l'IAA party challenged the validity of a settlement agreement, alleging that the opposing party breached the agreement by failing to make required payments, which the opposing party claimed was excused by the challenging party's own prior material breach. The court determined that the challenging party's alleged breach was not material under the circumstances, as it did not substantially deprive the opposing party of the benefit of the bargain, and therefore, the opposing party was not excused from its obligations under the settlement, concluding that the opposing party was liable for breach of the settlement agreement.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Breach of Settlement Agreement Based on Non-Material Prior Breach: The court determined that the challenging party's alleged breach was not material under the circumstances, as it did not substantially deprive the opposing party of the benefit of the bargain, and therefore, the opposing party was not excused from its obligations under the settlement, concluding that the opposing party was liable for breach of the settlement agreement.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAThis article is cited in the dispositive concerning the allocation of judicial costs for the appeal.
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