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    <title>1950 (12) TMI 28 - Supreme Court</title>
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    <description>A lease-assignment correspondence sequence was held to create a concluded contract, because the parties exchanged offer, counter-offer, fresh offer, and unconditional acceptance; the agreement was not contingent on prior lessor consent. A covenant against assignment without consent was read subject to the qualification that consent should not be unreasonably withheld for a respectable or responsible assignee, and refusal on the facts was found unreasonable. Specific performance was therefore maintainable despite the absence of prior consent. The appellate court&#039;s receipt of additional evidence was also treated as proper because it was needed for just determination of the dispute.</description>
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      <title>1950 (12) TMI 28 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=193671</link>
      <description>A lease-assignment correspondence sequence was held to create a concluded contract, because the parties exchanged offer, counter-offer, fresh offer, and unconditional acceptance; the agreement was not contingent on prior lessor consent. A covenant against assignment without consent was read subject to the qualification that consent should not be unreasonably withheld for a respectable or responsible assignee, and refusal on the facts was found unreasonable. Specific performance was therefore maintainable despite the absence of prior consent. The appellate court&#039;s receipt of additional evidence was also treated as proper because it was needed for just determination of the dispute.</description>
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