United States v. Winstar Corp.
135 L. Ed. 2d 964 | Supreme Court of the United States | 1996
Holding Summary
The Government's contractual promises regarding supervisory goodwill accounting treatment are enforceable despite subsequent regulatory changes, and the Government is liable for breach when Congress eliminated those accounting benefits.
Terms assigning risk of regulatory change to Government are enforceable.
Related Cases
Lenape Resources Corp. v. Tennessee Gas Pipeline Co.
Section 2.306 of the UCC does not apply to take-or-pay gas contracts where parties have specified quantity as a determinable amount (85% of delivery capacity), and good faith obligations remain applicable to increases in delivery capacity.
Zachry Construction Corporation v. Port of Houston Authority of Harris County, Texas
A no-damages-for-delay provision cannot shield an owner from liability for deliberately and wrongfully interfering with a contractor's work, even if the contract broadly purports to exclude all delay damages.
M.J. Paquet, Inc. v. New Jersey Department of Transportation
A contractor is entitled to an equitable adjustment when a government agency deletes contract work due to supervening impracticability, even if the contractor submitted an unbalanced bid.
HECI Exploration Co. v. Clajon Gas Co.
A take-or-pay gas contract's obligation to pay for deficient takes is not conditioned on the seller's timely request at the end of each accounting period; the buyer must pay within 30 days of receiving any request with supporting data.
Estate of Wallace v. Commissioner
This case does not involve construction law clauses; it concerns tax deductions for prepaid cattle feed and personal service income characterization under IRC sections 464 and 1348.
Zavanna v. Gadeco
Oil and gas leases terminated by their own terms when production ceased and the lessee failed to timely commence reworking operations within the contractual period.