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· 12/8/2022

Fain v. Integrity Environmental

Citations

  • 982 N.W.2d 568
  • 2022 ND 221

Syllabus

When a district court has made sufficient findings that demonstrate intent, mutual assent, and sufficient consideration among the parties to substitute a new obligation for an existing one, a finding of novation by the court is not clearly erroneous. The terms of a contract, the character of the transaction, and the facts and circumstances surrounding the transaction can establish novation. Parties entering into a novation need not agree about the meaning or terms within the original obligation.

Judges: Jensen, Jon J.

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.