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Offer, acceptance, and consideration examined by the Court of Chancery

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 11 2012

In the recent Delaware Court of Chancery decision of James J. Gory Mechanical Contracting, Inc. v. BPG Residential Partners V, LLC and the BucciniPollin Group, Inc., Del. Ch. C.A. No. 6999-VCG (Del. 30, 2011), the Court examined the fundamental contract tenets of offer, acceptance, and consideration in denying Defendants’ Motion to Dismiss the Complaint