We all take real property purchase agreements seriously. We read only the title and we know that a transaction is likely to occur, perhaps a significant one. We can also reasonably expect that there will be a property, a price, a timeline, probably some representations and warranties, and perhaps conditions to be satisfied. But an option to purchase a property? Well, that just doesn t sound quite as important now does it? After all, if something is optional it might not even be needed, or it might never exist. It certainly doesn t seem to warrant as much attention as an agreement to purchase so perhaps no great amount of attention should be paid to it?
Highlights from 2022 litigation. ESG issues were the focuses of a claim against Red Lobster, data breach concerns made creating an incident response plan important to avoid litigation, and representations and warranties were the focus of mergers and acquisitions.