Resolution Trust Corp. v. Avon Center Holdings, Inc.

How courts have described this case

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

• recognizing that when parties enter a “settlement arrived at after an agreed breach” of a previous contract, they may “agree on what terms of settlement they will, however unfavorable (short of unconscionability) the accord may be to the party in default”
• holding that the penalty analysis is inappropriate

Source: CourtListener parenthetical corpus (CC0).