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· 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 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.