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Delineating The Implied Covenant And Providing For “Good Faith”, Daniel S. Kleinberger
Delineating The Implied Covenant And Providing For “Good Faith”, Daniel S. Kleinberger
Faculty Scholarship
This column considers whether an operating or partnership agreement can delineate the implied contractual obligation, comparing ULLCA and the Delaware Act, and then warns of the dangers of carelessly imposing by contract an express requirement of "good faith."