Federal Deposit Insurance Corporation v. Steven M. Rayman

How courts have described this case

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

• where a guarantor signed absolute and unconditional guaranty, in which he also explicitly waived his right to receive notices, the guarantor could not raise defenses of impairment of collateral and good faith and fair dealing
• “When the contract is silent, principles of good faith . . . fill the gap. They do not block use of terms that actually appear in the contract.” (quoting Kham & Nate’s Shoes No. 2, Inc. v. First Bank of Whiting, 908 F.2d 1351, 1357 (7th Cir. 1990))

Source: CourtListener parenthetical corpus (CC0).