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· 5/29/1963

Liebsch v. Abbott

Citations

  • 265 Minn. 447
  • 122 N.W.2d 578
  • 1963 Minn. LEXIS 686

How courts have described this case

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

  • \The general rule is that a party who wishes to rescind an agreement must place the opposite party in status quo.\
  • if the trial court’s decision is correct, the appellate court can sustain it for a different reason
  • procedures of section 559.21 did not apply because contract performance was contingent upon buyer obtaining a $20,000 mortgage loan
  • “The general rule is that a party who wishes to rescind an agreement must place the opposite party in status quo.”
  • “[Section] 559.21 contemplates contracts of actual purchase and not agreements wholly dependent upon some contingency.”
  • “The general rule is that a party who wishes to rescind an agreement must place the opposite party in status quo.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Nelson

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.