Bank bound by unsigned lehman deal despite dismissal

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Reference no: EM132261343

In the article, Bank Bound By Unsigned Lehman Deal Despite Dismissal, it states, “The terms upon which there was continuing negotiation, such as 5 or 10 days to pay Lehman and whether the release agreement should be submitted electronically or in hard copy, relate to the performance of the settlement rather than its material terms,” the judge said. “Precedent dictates that performance tweaks don't count as a lack of agreement,” the judge said. What did the judge mean by “performance tweaks don't count as a lack of agreement,” within the context of her statement? Do you agree or disagree with the judge’s statement? Why or why not?

Reference no: EM132261343

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