Mid-American Salt, LLC v. Morris Co. Coop. Pricing Council

The 3rd Circuit reviewed a “requirements contract” under New Jersey law to determine whether a consortium of municipalities was required to purchase its rock salt from the plaintiff. The court held that there was no binding contract, because there was only a promise to pay a certain rate for what it purchased, but not an actual contract to make that purchase. And I now know that I can buy a ton of salt for $57.25 if I haggle just right.¬†There is also a brief discussion of appellate procedure and whether an unspecified order in a notice of appeal is still subject to appellate review.