Source: https://stus.com/Stated-Income-Loan-cartoon-ctr0131
Timestamp: 2019-04-24 17:51:20+00:00

Document:
Helms v. Certified Packaging Corp.; security interest includes the proceeds from a recovery for decreased value of collateral, and not for loss of use of the collateral; destroyed property; damaged property.
Peters v. Riggs Natl. Bank, N.A.; Equitable tolling does not apply to statutes of repose; statute of limitation; the time limit can be shortened by contract or mutual agreement.
Dynalectric Co., Inc. v. Clark & Sullivan Constructors, Inc.; promissory estoppel; general contractor; subcontractor; reliance damages; restitution damages.
YPI 180 N. LaSalle Owner, LLC v. 180 N. LaSalle II, LLC; the doctrine of impossibility of performance excuses performance if objectively impossible due to destruction of the subject matter of the contract or by operation of law.
Detroit Institute of Arts Founders Society v. Rose; A contract may create an obligation to a third-party without containing express language creating that obligation. Incidental benefit to third party not enough.
Douglass v. Pflueger Hawaii, Inc.; the general rule that contracts entered into by minors are voidable does not apply in the employment context.
Structural Polymer Group, Ltd. v. Zoltek Corp.; the implied obligation of good faith in requirements contracts is enough to avoid finding a contract null and void due to an illusory promise.
Wright v. Newman; If the promises in connection with an invalid and unenforceable contract wrongfully cause a party to forgo a valuable legal right to his detriment, and promisor waives the right to repudiate the contract, the contract is enforceable.
Snyder v. Lovercheck; a perpetrator of fraud cannot close the lips of his innocent victim by getting him blindly to agree in advance not to complain against it as a matter of public policy.

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