Morgan Stanley Capital GroupContract Law • September 8th, 2008
Contract Type FiledSeptember 8th, 2008A deal is a deal. This concept is firmly entrenched in American culture and law,1 and is widely viewed as an essential cornerstone of economic development and stability.2 It has thus long been under- stood in our nation that it is not the role of the government to relieve contracting parties of ‘‘hard bargains’’ resulting from their ‘‘indiscretions and bad judgments’’; rather, the Constitution ‘‘with
Morgan Stanley Capital GroupContract Law • September 8th, 2008
Contract Type FiledSeptember 8th, 2008A deal is a deal. This concept is firmly entrenched in American culture and law,1 and is widely viewed as an essential cornerstone of economic development and stability.2 It has thus long been under- stood in our nation that it is not the role of the government to relieve contracting parties of ‘‘hard bargains’’ resulting from their ‘‘indiscretions and bad judgments’’; rather, the Constitution ‘‘with