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Texas Business Court Enforces ‘Put Right’ Trigger: Business Considerations for Contract Default Language
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Texas Business Court Enforces ‘Put Right’ Trigger: Business Considerations for Contract Default Language
The Texas Business Court continues to shape commercial law in the Lone Star State, offering guidance on contract interpretation and enforcement. In a recent opinion in The Mark at Weatherford Owner, LLC v. Darwin German, Judge Brian Stagner of the Eighth Division granted summary judgment in favor of a seller who exercised a “put right” after a multi-million-dollar real estate transaction stalled after closing. The decision offers practical guida…
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