Agreements to agree: can there ever be an enforceable duty to negotiate in good faith?

dc.contributor.authorHutchison, Andrew
dc.coverage.spatial273-296en_ZA
dc.date.accessioned2016-08-29T09:12:23Z
dc.date.available2016-08-29T09:12:23Z
dc.date.issued2011-06-01
dc.description.abstractParties to an agreement may include open terms which leave certain particulars open to future negotiation. The aim of this type of provision is usually to allow for changing circumstances over time or the threshing out of more detailed terms. Conventional drafting practice is to state that these terms are to be negotiated in the future in good faith. What if a party subsequently resists all efforts to reach agreement? Is there a mechanism which will enforce this duty to negotiate? Of course the parties may have inserted their own deadlock-breaking provision – in the absence thereof a court should be able to find its own resolution. This paper will consider proposed methods of enforcement of such a duty with reference to developments in South Africa as well as other countries, particularly the USA and Australia.en_ZA
dc.identifier.apacitationHutchison, A. (2011). Agreements to agree: can there ever be an enforceable duty to negotiate in good faith?. <i>South African Law Journal</i>, http://hdl.handle.net/11427/21580en_ZA
dc.identifier.chicagocitationHutchison, Andrew "Agreements to agree: can there ever be an enforceable duty to negotiate in good faith?." <i>South African Law Journal</i> (2011) http://hdl.handle.net/11427/21580en_ZA
dc.identifier.citationHutchison, A. (2011). Agreements to Agree: Can There Ever Be an Enforceable Duty to Negotiate in Good Faith. South African Law Journal, 128, 273.en_ZA
dc.identifier.ris TY - Journal Article AU - Hutchison, Andrew AB - Parties to an agreement may include open terms which leave certain particulars open to future negotiation. The aim of this type of provision is usually to allow for changing circumstances over time or the threshing out of more detailed terms. Conventional drafting practice is to state that these terms are to be negotiated in the future in good faith. What if a party subsequently resists all efforts to reach agreement? Is there a mechanism which will enforce this duty to negotiate? Of course the parties may have inserted their own deadlock-breaking provision – in the absence thereof a court should be able to find its own resolution. This paper will consider proposed methods of enforcement of such a duty with reference to developments in South Africa as well as other countries, particularly the USA and Australia. DA - 2011-06-01 DB - OpenUCT DP - University of Cape Town J1 - South African Law Journal KW - Law KW - Contract KW - Duty to Negotiate KW - Good Faith KW - South Africa LK - https://open.uct.ac.za PB - University of Cape Town PY - 2011 T1 - Agreements to agree: can there ever be an enforceable duty to negotiate in good faith? TI - Agreements to agree: can there ever be an enforceable duty to negotiate in good faith? UR - http://hdl.handle.net/11427/21580 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/21580
dc.identifier.vancouvercitationHutchison A. Agreements to agree: can there ever be an enforceable duty to negotiate in good faith?. South African Law Journal. 2011; http://hdl.handle.net/11427/21580.en_ZA
dc.languageengen_ZA
dc.publisherJutaen_ZA
dc.publisher.departmentDepartment of Commercial Lawen_ZA
dc.publisher.facultyFaculty of Lawen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.sourceSouth African Law Journalen_ZA
dc.source.urihttp://juta.co.za/products/3601-south-african-law-journal
dc.subjectLaw
dc.subjectContract
dc.subjectDuty to Negotiate
dc.subjectGood Faith
dc.subjectSouth Africa
dc.titleAgreements to agree: can there ever be an enforceable duty to negotiate in good faith?en_ZA
dc.typeJournal Articleen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceArticleen_ZA
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