🏅 UnreasonableWoman, SLS '24 |

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U.S. Bancorp Equipment Finance, Inc. v. Ameriquest Holdings LLC

2004 WL 2801601 (Minn. 2004)

Tags: Contracts, Impossibility, Excuse, Impracticability

tl;dr: Plaintiff and Defendant were in a lease agreement for airplanes. After 9/11, the airline industry tanked, and Defendant went bankrupt, did not renew its lease, and returned damaged planes to Plaintiff.

IRACIssue, Rule, Analysis, Conclusion

Facts & Holding

Facts:Plaintiff U.S. Bancorp sold aircraft to Defendants Ameriquest Holdings and...

Holding:Summary judgment granted. Changes in the market after 9/11 are...

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Advice

WomanlyGentleGoat

13:48

its been a good week for the community!

LFCLawyer

13:48

@BertieWilberfursWoofster: Good stuff, I was just curious. I am now all in at W&L and couldn't be more excited.

BertieWilberfursWoofster

13:56

woot!!!

BertieWilberfursWoofster

13:56

@LFCLawyer: have you had any luck in the housing search?

BertieWilberfursWoofster

13:57

@WomanlyGentleGoat: so friggin' awesome. congratulations!!!

LFCLawyer

14:03

@BertieWilberfursWoofster: Not with the area that I am looking. This is definitely tough

BertieWilberfursWoofster

14:06

Generals' Retreat had a couple openings - in Lexington

BertieWilberfursWoofster

14:07

I found a place at another complex and I know there was a 2BR available (as of Thursday) - if you DM me on Reddit I can give ya the #!

LFCLawyer

14:10

I am still kind of biased toward the Clifton Forge area so that I can live with my girlfriend, but am definitely starting to consider places around lexington out of necessity\

LFCLawyer

14:15

@BertieWilberfursWoofster: What is your reddit username though?

BabyBorny

14:21

any cornell movement?

LivelyUnknownRattlesnake

14:29

hey does anyone know anything about the emory or ut austin wait list

WomanlyGentleGoat

14:31

ut austin says update by 6/24

WomanlyGentleGoat

14:31

emory tends to do things by snail mail

tsimm27

14:47

How can i find out how many minority scholorships were given out at USC?

GlizzyStones

15:03

I don't think that info is released for most law schools, just the amount of students that recieved scholarships.

YellowBelliedMarmot

15:24

Any WL waves today for T14?

TimesCrusader

16:04

just got cold called by the professor that runs my prospective scholar group and blew the phone call. feels horrid lmao

BertieWilberfursWoofster

16:24

@LFCLawyer: sorry!! it's Sydsjackal23

boredreceptionist

17:04

hello successful lawyer friends

CaractacusPot

17:23

Just got a feeler call from GULC

CaractacusPot

17:23

Now I’m excited for no good reason

CanadaGoose

17:23

@CaractacusPot: Nice! Did your GULC tracker change?

AbleFinnFang

17:24

@CaractacusPot: congrats dude :-)

mclstudent

17:28

@CaractacusPot: I hope you get in! I saw they've sent a couple As today

CaractacusPot

17:38

Thanks guys!

BabyBorny

17:39

Does anyone know what’s up with Cornell?

BabyBorny

17:39

When are they sending out decisions off the waitlist?

BabyBorny

17:40

Reserve list*^

Lilly

21:38

any1 waiting on Scalia?