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8 Oct 2015, 4:00 am
A “memorandum of understanding” that is characterized as an “agreement to agree” is not an enforceable contractOffit v Herman, 2015 NY Slip Op 07056, Appellate Division, First Department Michael Offit contended that a memorandum of understanding [MOU] that the parties had signed was a "Type II" agreement under federal case law,* requiring Julian M. [read post]
