Monday, September 1, 2008

a cool contractual interpretation case

Cleveland's The Plain Dealer recently reported about a contractual interpretation case:  "A piece of downtown land isn't worth its weight in gold -- but it is worth 1,693.28 ounces, the amount set in a gold-based lease signed 96 years ago. That's what a three-judge panel in Cincinnati indicated Wednesday . . . ."  The court's opinion is available by clicking here. 


Hat tip:  Michael F. Cosgrove, Assistant Director of Law, City of Cleveland Department of Law


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