Explore 3 court opinions on Default Provisions. AI-powered plain English summaries, key holdings, and legal analysis.
3 recent cases analyzed in this topic area.
Default triggers loan put-back option despite cure
Cortlandt St. Recovery Corp. v. Bonderman, decided by New York Court of Appeals on December 18, 2025, resulted in a defendant win outcome. The core dispute involved whether a "put-back" option in a lo...
Indiana Supreme Court Upholds 'No-Action' Clause in Loan Agreements
In the Matter of the Certified Question: Diamond Quality, Inc. v. Dana Light Axle Products, LLC, decided by Indiana Supreme Court on April 24, 2025, resulted in a defendant win outcome. This case conc...
Second Circuit Affirms Summary Judgment for Bank in Foreclosure Dispute
Article 13 LLC v. Lasalle Nat'l Bank Ass'n, decided by Second Circuit on March 25, 2025, resulted in a defendant win outcome. Article 13 LLC sued LaSalle National Bank Association for breach of contra...