MacAdams v. Cohen

How courts have described this case

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

• finding reasonable reliance where defendants represented in a loan agreement that their financial statements were accurate
• justified reliance more often found when plaintiff relies on written statement that defendant agreed to
• “In particular, where a plaintiff has gone to the trouble to insist on a written representation that certain facts are true, it will often be justified in accepting that representation rather than making its own inquiry.”
• there is no justifiable reliance where the plaintiff “has the means available to know, by the exercise of ordinary intelligence, the truth or the real quality of the subject of the representation,” but fails to “make use of those means.”

Source: CourtListener parenthetical corpus (CC0).