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· 4/3/1968

Reserve Insurance Company v. Joseph Y. Gayle

Citations

  • 393 F.2d 585
  • 1968 U.S. App. LEXIS 7458

How courts have described this case

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

  • noting the “established principle that once a creditor has applied a payment to an obligation for which a surety or guarantor is bound, the latter is discharged to the extent of the payment, and the creditor may not thereafter alter or modify such application”

Source: CourtListener parenthetical corpus (CC0).

Judges: Sobeloff, Boreman, Winter

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.