Scott v TKMS and Travelers
Tag: business and commercial law
Bank’s Failure to Raise “Abandonment” of Contract Constitutes Waiver in Breach of Contract Action
In Clapper, et al. v. Zochowski, et al, the Court of Appeals reversed the trial court's ruling granting summary disposition in favor of a bank in a breach of contract action surrounding a loan purchase agreement. The plaintiff sought to purchase a loan obligation held by the bank. The bank was required to produce certain [...]