Demos v. National Bank of Greece

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that reliance on a promise to lend money at an indefinite interest rate was not reasonable
• holding that reliance on a promise to lend money at an indefinite interest rate was not reasonable
• holding that because alleged promise to enter into a loan agreement failed to contain the interest, duration, or terms of repayment, it was too indefinite to be enforceable, and the doctrine of promissory estoppel was inapplicable as a matter of law
• holding that because alleged promise to enter into a loan agreement failed to contain the interest, duration, or terms of repay- ment, it was too indefinite to be enforceable, and the doc- trine of promissory estoppel was inapplicable as a matter of law
• finding ambiguous a promise to lend money that did not specify the interest rate
• promissory estoppel claim dismissed because alleged promise was too indefinite to be enforceable

Source: CourtListener parenthetical corpus (CC0).