FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / memo-sufficiency-of-cure.docx
memo-sufficiency-of-cure.docx · 1012-00005

Parties

Stonefield Logistics Group Inc
Vantor Holdings Corp
Vantor Transport Services LLC
Ashford Meridian LLP
Cascade Freight Systems Inc

Dates

November 1, 2022
February 14, 2022
January 18, 2022
March 4, 2022
September 16, 2022
October 20, 2022
October 7, 2022
March 15, 2019
April 1, 2019
March 31, 2024

Amounts

$43.2
$387,400
$21.6
$31.8
$10.2
$6.7
$2.87
$3.28
$6.2

Obligations

Courts in New York consistently hold that the express provisions of a contract govern the parties' respective rights and obligations, and that where parties have negotiated specific procedures for the identification and cure of breaches, those procedures must be followed and will be enforced according to their terms
The terminating party must deliver a written notice "specifying with reasonable particularity the alleged breach
" The agreement does not specify whether a cure must be complete (i
whether the breaching party must achieve full compliance with the applicable contractual standard within the cure period) or whether a "substantial" or partial cure may suffice
This silence creates an interpretive question that must be resolved by reference to New York case law on contractual cure provisions
The breaching party must affirmatively show that it took steps sufficient to substantially remedy the identified deficiencies