Peterman v. Floriland Farms, Inc.

How courts have described this case

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

• holding that Maryland corporation cannot contract after corporate charter revoked
• observing that, under Maryland law, “when a corporation has forfeited its charter, it loses the power to contract.”
• a contract entered into by a party without authority to act is void ab initio
• “[I]n some cases, the conclusion that a contract is void ab initio does not absolve the party who executed the contract on behalf of the nonexistent corporation of the obligations arising thereunder.”
• lease signed August 12, 2004; certifí-cate revoked September 13, 2004

Source: CourtListener parenthetical corpus (CC0).