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8 Nov 2009, 11:35 am
Further, when a contract provides that a determination rendered by a designated person is "final," that determination is binding on the parties and cannot be contested in court in the absence of fraud or bad faith.Facts: Gebhardt & Smith, a law firm, leased office space in Baltimore, Maryland, from 1977 until 2006 in the World Trade Center, an office building operated by Maryland Port Administration. [read post]