Edward Lee

Edward Lee

October 21, 2024 | New York Law Journal

Dispute on 'Implicit' Term Insufficient to Preclude Enforcement

This article discusses the potential risks companies face when working with renegotiation of settlement agreements. "plaintiffs Javelin Global Commodities (UK) Ltd. and Bluegrass Commodities LP sued defendant Lexington Coal Company, and its affiliates, under two different contracts: (i) a contract between Bluegrass and Lexington granting Bluegrass the exclusive right to market and sell thermal coal; and (ii) a contract between Javelin and Lexington for the sale of metallurgical coal to Javelin."

By Thomas E.L. Dewey and Edward Lee

7 minute read