Greenberg Traurig, LLP convinced the Texas Supreme Court to reverse the Court of Appeals and decide in its clients’ favor a complex contract issue of first impression—implied revocation of contract when implied intent not to complete the contract is communicated to the offeree by a third party. This was only the second time the Court had addressed this doctrine of implied revocation, adopted 75 years ago. The Court held that Greenberg Traurig clients’ agreement with a third party for millions of dollars, communicated to the offeree prior to acceptance of the outstanding offer, impliedly revoked the outstanding offer – notwithstanding arguments that the doctrine was limited to only real estate transactions and that third-party communication to the offeree was insufficient for implied revocation.
The case was led by Dale Wainwright, co-chair of the firm's National Appeals & Legal Issues Group and chair of the Texas Appellate Practice, and Shareholder Elizabeth “Heidi” G. Bloch, both of whom are based in Greenberg Traurig’s Austin office.
Original source can be found here.