M & M OIL CO. v. Finch

How courts have described this case

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

• finding that, when lessee has notice of bona fide offer and fails to exercise right of first refusal, lessee loses any right to exercise its fixed-price option
• court mentions no allegation of bad faith; nevertheless, court observes sellers did not solicit third-party offer, allocation dictated by nothing other than third parly’s business judgment
• sellers’ acceptance of third-party offer needed to activate right

Source: CourtListener parenthetical corpus (CC0).