Mitchell Bank v. Schanke

How courts have described this case

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

• “A “write off does not mean that the institution has forgiven the debt or that the debt is not still owing”
• “An executory contract is one in which the parties have bound themselves to future activity that is not yet completed, while an executed contract is one in which all promises have been fulfilled and nothing remains to be done.”
• an executory contract is conditioned on a future activity
• a promissory note is a contract

Source: CourtListener parenthetical corpus (CC0).