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The Most Expensive Severance Mistake You'll Read About This Year
Pierson Ferdinand LLP 
June 18, 2025 "The trial court found that a mistake had occurred -- but denied reformation.... To reform a contract, there must be proof of a mutual agreement to different terms before signing.... On appeal, the First Circuit didn't reach the reformation question.... Because both readings were plausible, the contract's meaning couldn't be resolved as a matter of law. The district court should have considered extrinsic evidence -- emails, discussions, or draft language -- before deciding who was right." [Dahua Techology USA, Inc. v. Zhang, No. 24-1350 (1st Cir. May 12, 2025)] MORE >> |
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