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Home / Opinion Digests / Business Law / Va. Cir.: Court reconsiders $1.8M liability holding (access required)

Va. Cir.: Court reconsiders $1.8M liability holding (access required)

Deciding that its prior contract interpretation had relied on a definition provided by an inapplicable article of the agreement, the court reconsidered its ruling granting partial summary judgment as to the plaintiff’s substantial breach-of-contract claim. Background In December 2007, Meritage Fund I LLC – of which Plaintiff Williamson Equity Partners LLC is a member – issued a ...