Storek & Storek, Inc. v. Citicorp Real Estate, Inc.

How courts have described this case

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

• holding that a promise to pay only if satisfied is not illusory if the ability to claim dissatisfaction is limited by the standard of reasonableness
• holding that a promise to pay only if satisfied is not illusory if the ability to claim dissatisfaction is limited by the standard of reasonableness
• noting that “an implied covenant of good faith and fair dealing cannot contradict the express terms of a contract”
• characterizing the withholding of loans as a breach of the convent of good faith
• “[A]n implied covenant of good faith and fair dealing cannot contradict the express terms of a contract.”
• “No obligation to act in good faith can be implied to contradict or limit that express condition precedent.”

Source: CourtListener parenthetical corpus (CC0).