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· 8/15/2014

Southern Financial Group, LLC v. McFarland State Bank

Citations

  • 763 F.3d 735
  • 84 U.C.C. Rep. Serv. 2d (West) 414
  • 2014 WL 3973787
  • 2014 U.S. App. LEXIS 15763

How courts have described this case

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

  • “Except in the most extraordinary circumstances, we hold sophisticated parties to the terms of their bargain.”
  • “Except in the most extraordinary circumstances, we hold sophisticated parties to the terms of their bargain.”
  • contractual remedies fail of their essential purpose where a party is deprived of the “substantial value of the bargain”
  • “Wisconsin courts enforce agreements in which parties allocate risk in advance.”
  • “Wisconsin permits the parties to agree to limit remedies for breach of contract and to disclaim consequential damages, provided the limitations are not unconscionable.” (citing Murray v. Holiday Rambler, Inc., 83 Wis. 2d 406, 265 N.W.2d 513, 519– 20 (1978))

Source: CourtListener parenthetical corpus (CC0).

Judges: Wood, Williams, Hamilton

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.