TBA Law Blog


Posted by: Stacey Shrader Joslin on Dec 23, 2024

The Tennessee Supreme Court on Friday issued an opinion in Pharma Conference Education Inc. v. State rejecting the state’s argument that its contract with Pharma Inc. was not enforceable because the company’s promise to perform was “illusory.” The court instead held that Pharma’s promise to provide the University of Tennessee Health Science Center as many continuing education programs as feasible was a real obligation and therefore adequate consideration for the contract. The state had sought to terminate the agreement, but Pharma sued for breach of contract. Chief Justice Holly Kirby concurred in the majority decision but wrote separately to argue that depositions in the case could not be used to contradict the contract. Read more about the opinions from the Administrative Office of the Courts.