{"id":4911,"date":"2015-03-19T10:00:48","date_gmt":"2015-03-19T15:00:48","guid":{"rendered":"http:\/\/injury.robertkreisman.com\/?p=4911"},"modified":"2015-03-19T07:36:43","modified_gmt":"2015-03-19T12:36:43","slug":"illinois-appellate-court-reverses-ambiguous-contracts-general-release-language","status":"publish","type":"post","link":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-reverses-ambiguous-contracts-general-release-language\/","title":{"rendered":"Illinois Appellate Court Reverses on Ambiguous Contracts and General Release Language"},"content":{"rendered":"

In October 2006, Stericycle Inc. <\/a>entered into a contract with RQA Inc.<\/a> to buy a segment of its business for $8 million.<\/p>\n

Stericycle acquired the unlimited right to use RQA\u2019s software. In addition, the two companies entered into a non-competition agreement. In 2010, the two companies contracted again, this time entering into an asset purchase agreement for $18 million.<\/p>\n

One of the assets purchased was RQA\u2019s \u201cRecall and Retrieval Business Services Unit,\u201d which was called the RR assets. The agreement made note that Stericycle would be refunded a portion of the purchase price if Stericycle did not achieve certain pre-set revenues.<\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In October 2006, Stericycle Inc. entered into a contract with RQA Inc. to buy a segment of its business for $8 million. Stericycle acquired the unlimited right to use RQA\u2019s software. In addition, the two companies entered into a non-competition agreement. In 2010, the two companies contracted again, this time entering into an asset purchase […]<\/p>\n","protected":false},"author":795,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[41,49,134,133,131,89],"tags":[],"class_list":["post-4911","post","type-post","status-publish","format-standard","hentry","category-breach-of-contract","category-business-litigation","category-commercial-litigation","category-contract-litigation","category-rescission-of-contract","category-trade-secret-litigation"],"yoast_head":"\nIllinois Appellate Court Reverses on Ambiguous Contracts and General Release Language — Chicago Injury Lawyer Blog<\/title>\n<meta name=\"description\" content=\"In October 2006, Stericycle Inc. entered into a contract with RQA Inc. to buy a segment of its business for $8 million. 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Stericycle acquired the unlimited\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robert Kreisman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Illinois Appellate Court Reverses on Ambiguous Contracts and General Release Language — Chicago Injury Lawyer Blog","description":"In October 2006, Stericycle Inc. entered into a contract with RQA Inc. to buy a segment of its business for $8 million. 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