Search results
Results from the WOW.Com Content Network
Breach of a condition of a contract is known as a repudiatory breach. Again, a repudiatory breach entitles the innocent party at common law to (1) terminate the contract, and (2) claim damages. No other type of breach except a repudiatory breach is sufficiently serious to permit the innocent party to terminate the contract for breach.
On May 21, 2008, Young pleaded guilty to 3 charges: 1 count of breaching an undertaking or recognizance and 2 counts of assault. On July 25, 2008, the Provincial Court of British Columbia handed down a twelve-month conditional sentence and also a curfew of 8 p.m. to 6 a.m. except for two Mondays a month for Council meetings, when he must return ...
In some common law nations, a recognizance is a conditional pledge of money undertaken by a person before a court which, if the person defaults, the person or their sureties will forfeit that sum. It is an obligation of record, entered into before a court or magistrate duly authorized, whereby the party bound acknowledges (recognizes) that they ...
By Blake Brittain (Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer ...
Pras Michél, a founding member of Grammy-winning hip-hop group The Fugees, is suing his bandmate Lauryn Hill in federal court for fraud and breach of contract, among other claims, over their ...
By contrast, in Leaf v International Galleries, [61] where a gallery sold painting after wrongly saying it was a Constable, Lord Denning held that while there was neither breach of contract nor operative mistake, there was a misrepresentation; but, five years having passed, the buyer's right to rescind had lapsed. This suggests that, having ...
[A] transferee is not bound to inquire whether the fiduciary is committing a breach of his obligation as fiduciary in transferring the instrument, and is not chargeable with notice that the fiduciary is committing a breach of his obligation as fiduciary unless he takes the instrument with actual knowledge of such breach or with knowledge of ...
The Atlanta Hawks have been fined $100,000 by the NBA for violating the league's player participation policy. The league handed down the fine after finding that the Hawks held star guard Trae ...