Sent sig pages, forgot to say they're held in escrow. How fucked?
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Date: February 21st, 2018 3:52 PM Author: Vibrant white box office
When I was a second year I did this. The other side changed a bunch of key provisions and sent it back with their pages attached.
Client was fucked but there was nothing we could do. The pages weren't sent contingent on our clients express release.
Same thing happened to me as a third year. Sent a revised draft simultaneously to all parties in the interest of time but failed to reserve for further comment and review.
It's a jungle out there.
(http://www.autoadmit.com/thread.php?thread_id=3899647&forum_id=2#35454137) |
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Date: February 21st, 2018 4:08 PM Author: Vibrant white box office
I tried but they said I didn't reserve. Partners and clients got on the phone and after some review of Westlaw on both sides we concluded failure to reserve is dispositive evidence of a unilateral offer.
Which as any 1L knows, when accepted forms a binding contract.
We were screwed. We couldn't even put in the name of our purchaser entity because it was still a placeholder entity TBD so they got to choose who bought the assets too.
(http://www.autoadmit.com/thread.php?thread_id=3899647&forum_id=2#35454273) |
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