Good Faith in Commercial Contracts
Sometimes parties argue a term such as "good faith" is implied into a commercial contract. Usually, this is done to make the case that there was an obligation to be loyal to a promise and to act honestly.
Whether or not "good faith" is implied is not easy to answer since much depends on the facts of the case. To find out more about whether "good faith" will work for or against your case contact our litigation lawyers for more information.
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- Understand the meaning of "good faith".
- Appreciate the approach that NSW Courts are taking to the implication of "good faith" into commercial contracts;
- Know what Federal Courts are doing in respect of the implication of terms about good faith.
* This content does not purport to give legal advice. Readers must obtain their own legal advice, that applies to the particular circumstances of their case, before taking any action at all.