Nott & Co. v. Bank of Orleans

How courts have described this case

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

• explaining that in New York, standard for evaluating duty of good faith is subjective, not objective
• requiring “the party seeking to enforce the [commercially reasonable] provision to establish the objective standard by which the breaching party’s efforts are to be judged, in the context of the particular industry”
• “What is also unclear is the precise relationship between a party’s obligation to act in good faith and the obligation imposed by a ‘commercially reasonable efforts’ clause.”
• ʺPlaintiffʹs evidence of damages is nothing more than speculative.ʺ

Source: CourtListener parenthetical corpus (CC0).