EastBanc, Inc. v. Georgetown Park Associates II, L.P.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding a contract was formed when “the parties expressed an intent to be bound, agreed to all material terms, and assumed mutual obligations sufficient to create an enforceable contract”
• making use of both of these treatises to explain the law surrounding anticipatory repudiation
• “A cause of action for breach of contract accrues, and the statute of limitations begins to run, at the time of the breach.” (internal quotation omitted)
• to establish a joint venture, parties must express a mutual “intent to be bound”
• “The enforceability of [an] agreement .comes from the definitive character of the obligation to perform, not a precise description of the ways in which the obligation might be fulfilled.” (emphasis in original)
• “For a contract to be enforceable, each party must undertake to do something the party otherwise is under no legal obligation to do, or to refrain from doing something the party has a legal right to do.”

Source: CourtListener parenthetical corpus (CC0).