Showing posts with label covenant of good faith and fair dealing. Show all posts
Showing posts with label covenant of good faith and fair dealing. Show all posts

Friday, July 27, 2007

VSC: Contractual right to attorneys' fees applies to this breach of covenant of good faith and fair dealing

Harsch Properties, Inc. v. Nicholas 2007 VT 70 [Filed 27-Jul-2007] http://dol.state.vt.us/gopher_root3/supct/current/2005-494.op

Where exclusive listing agreement provided, "If the Broker is forced by collection or litigation effort to enforce the terms and conditions of this agreement, then the prevailing party will be entitled to reimbursement for all costs of collection, including attorney's fees," Broker was entitled to fees where Broker prevailed on claim that homeowners violated covenant of good faith and fair dealing by negotiating directly with prospective buyers; covenant of good faith and fair dealing was an implied term of the agreement, thus meeting the "terms and conditions" provision re: recovery of costs and attorneys' fees.