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Seed-breeding joint venture contract is enforceable

An 8th Circuit decision interpreting a 1986 contract between two seed-breeding corporations is a lesson to anyone who would sign a contract believing some provisions to be unenforceable. The two parties to the contract - Midwest Oilseeds Inc. and Callahan Enterprises Inc., which has since been purchased by Limagrain Genetics Corp. - began in 1975 ...

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