· 5/28/1998
Midland Mutual Life Insurance Co. v. Mercy Clinics, Inc.
Citations
- 579 N.W.2d 823
- 1998 Iowa Sup. LEXIS 132
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that the majority of jurisdictions have concluded that the collateral source rule should not be applied outside the realm of tort actions
- declining to apply collateral source rule in pure contract action involving borrower’s alleged breach of estoppel agreement with lender
- noting the measure of damages for a breach of contract should place the non-breaching party “in as good a position as [they] would have occupied had the contract been performed”
- leaving open application of rule in cases of tortious or willful breach
- “Typically, the nonbreaching party’s recovery is limited to ‘the loss he has actually suffered by reason of the breach.’” (citation omitted)
- cited with approval in Shelby County Cookers, LLC v. Utility Consultants International, Inc., 857 N.W.2d 186, 195 (Iowa 2014)
Source: CourtListener parenthetical corpus (CC0).
Judges: Andreasen, Carter, Harris, Neuman, Snell
Read full opinion on CourtListenerSourced 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.