Equitable Lumber Corp. v. IPA Land Development Corp.

How courts have described this case

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

• accepting as proper language appearing on back of contract above signature line
• “The doctrine of unconscionability seeks to prevent sophisticated parties with grossly unequal bargaining power from taking advantage of less sophisticated parties.”
• fee must be “reasonably related to the normal fee an attorney would charge” absent fee shifting arrangement
• “[T]he parties are commercial entities dealing at arm’s length . . . [and] cannot assume the posture of a commercially illiterate consumer beguiled into a grossly unfair bargain by a deceptive vendor or finance company.”

Source: CourtListener parenthetical corpus (CC0).