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Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Contract of sale

    • Title 2: Formation of the contract of sale

      • Chapter 2: Pre-contracts

        • Section 2: Unilateral promise to purchase

        • Section 4: Pre-emption agreement (Pacte de préférence)

          • II: Legal regime

            • A: Implementation of the pre-emption agreement

            • B: Non-performance

            • C: Sale to a third party in breach of pre-emption agreement

            • D: Termination of pre-emption agreement

            • E: Assignment of agreement

105. Non-performance

1 minute de lecture

Apart from the case where the promisor flagrantly violates the pre-emption agreement by proposing the sale to a third party, the courts have ruled that the promisor is in breach of the pre-emption agreement when he notifies the beneficiary of an offer to purchase which mentions only the price offered by a third party, whereas the agreement required him to disclose not only the price, but also the …

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