· 6/28/1989
Western Commerce Bank v. Gillespie
Citations
- 775 P.2d 737
- 108 N.M. 535
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that where no time for performance is specified, law implies a reasonable time for performance
- interpreting condition precedent as applying to conditional performance and not conditional formation; inability of heirs to obtain timely financing did not prevent formation of binding contract
- interpreting condition precedent as applying to conditional performance and not conditional formation; inability of heirs to obtain timely financing did not prevent formation of binding contract
- condition precedent generally is an event that must occur subsequent to formation of contract which must occur before there is right to immediate performance
- right to repudiate contract if condition precedent not met
- obtaining of financing conditioned performance
Source: CourtListener parenthetical corpus (CC0).
Judges: Ransom, Sosa, Scarborough
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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