Corporate News: A Legal Update

When negotiating any type of contract, it is important to give due attention to all terms, even topics that appear merely ministerial or administrative, as their interpretation may have serious implications in the performance of the contract. The Wisconsin Court of Appeals recently analyzed a right of first refusal agreement on the sale of a property after one party failed to comply with its notice provision. The decision underscores the importance of understanding and adhering to all terms of a contract as written.