Ashland Global Holdings, Inc. v. SuperAsh Remainderman, Ltd. Partnership

Summary

The Ohio Supreme Court held that a lessee’s negligent failure to timely exercise a lease renewal option does not merit equitable relief, reversing the Tenth District Court of Appeals and remanding for further consideration of SuperAsh’s estoppel argument. The Court clarified that negligence is not a recognized ground for equity and that the decision applies retroactively.