Single unified agreement for sale of multiple properties
In agreements involving the sale of multiple properties together, time tests not only the contracting parties and the terms they agreed upon, but also any constraints encountered, such as development restrictions, compulsory acquisition issues, and changing business circumstances.
When a transaction is structured as a package deal, piecemeal implementation may transform a lawful option into an inequitable shift of risk.
At that point, the role of the court becomes critical...