Board of Trust., Union v. Plan. Develop., Unpublished Decision (12-11-2000)

**Union Pension Fund Loses Contract Dispute Over Real Estate Deal** This case involved a dispute between a union pension fund (Board of Trustees) and Planned Development Company (PDC) over a real estate contract. The union had made a deal with PDC that included a rebate if PDC sold a piece of property called "Parcel 2" by September 30, 1999. When PDC didn't complete the sale by that deadline, the union sued, claiming PDC had broken their contract by not acting in good faith to meet the deadline. The court ruled in favor of PDC. Both the trial court and appeals court found that the contract's written terms were clear and didn't require PDC to guarantee the property sale would happen by the deadline. The courts determined there was no implied duty for PDC to act in good faith to complete the sale, since the contract already anticipated that the sale might not occur. **What this means for workers:** This ruling shows that courts will strictly follow what's written in contracts, even when one party doesn't get the outcome they expected. Workers should ensure their employment contracts, union agreements, and benefit plans have clear, specific language about deadlines and obligations, rather than relying on implied promises or assumptions about "good faith" efforts.