Volpe Construction Co. v. First National Bank

How courts have described this case

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

• Courts “have no role in manipulating the risks as allocated by agreement of a sophisticated contractor, owner, and lender when they enter the transaction”
• if two contracting parties expressly provide that a third party who will be benefitted by the contract's performance shall have no legally enforceable right, the courts should effectuate the expressed intent by denying the third party any direct remedy
• enforcing clauses which deny third-party rights in a contract
• mechanics lien extinguished by foreclosure sale

Source: CourtListener parenthetical corpus (CC0).