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Home / Opinion Digests / Business Law / SCV: “Infinity” value made formula unenforceable (access required)

SCV: “Infinity” value made formula unenforceable (access required)

A property sales agreement, which set forth a mathematical formula for apportioning increases to local development-density rights between the property owners, was rendered impossible to calculate when the county removed the density limit entirely. Background In 2000, Appellant WG Land sold approximately 29 acres of a larger office park to Appellee Capital One. At the time of ...