Van Arnem Co. v. Manufacturers Hanover Leasing Corp.

How courts have described this case

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

• holding that defendant was entitled to advance own interests by enforcement of contract terms and was not required to forgo enforcement to put plaintiff’s interests ahead of its own
• “The implied covenant of good faith under Michigan law, as well as under the law of other jurisdictions having persuasive effect, neither overrides nor replaces any express contractual term.”
• noting similarities between New York and Michigan law
• A line of credit lender is not by definition “the borrower’s fiduciary. The lender remains entitled to advance its own interests by enforcement of contract terms, and is not required to forego enforcement of contract terms to put the borrower’s interests ahead of its own.”

Source: CourtListener parenthetical corpus (CC0).