Low v. Spellman

How courts have described this case

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

• concluding that preemptive right exercisable at fixed price and perpetual in duration is unreasonable restraint on alienation
• holding that a right of first refusal violated the rule against perpetuities because it “is clear on its face that it is intended to apply not only to the original parties to the contract, but also to all of their heirs and assigns”

Source: CourtListener parenthetical corpus (CC0).