June 14, 2024

Contract law.

Under long-standing rules of contract interpretation, where the terms of a contract are clear and unambiguous, the parties' intent must be found within the four corners of the contract, giving a practical interpretation to the language employed and reading the contract as a whole.  The contract must be construed in a manner which gives effect to each and every part, so as not to render any provision meaningless or without force or effect. Agreements that are negotiated at arm's length by sophisticated parties, represented by counsel, are enforced according to their plain language pursuant to New York's strong public policy favoring freedom of contract.

Matter of 195 B Owner LLC v. Anthropologie, Inc., NY Slip Op 03073 (1st Dep't June 6, 2024)

Here is the decision.