The Supreme Court of Virginia releases two opinions today. In this one, it rejects the doctrine of adequate assurance in contract law. More
Category Archives: Contracts
City-to-City Auto Sales, LLC v. Harris, Record No. 0728-22-2 (Va. Ct. App. Aug. 29, 2023)
When is it too late to arbitrate? More
CSE, Inc. v. Kibby Welding, LLC, Record No. 1438-22-3 (Va. Ct. App. June 13, 2023)
Here, the court explores the enforceability of a guaranty. More
Evans v. Truist Bank f/k/a Branch Banking & Trust Co., Record No. 0631-22-3 (Va. Ct. App. Mar. 28, 2023)
Facts. On March 1, 2011, Truist Bank, formerly BB&T, loaned Edward Brian Evans $732,000 in exchange for a promissory note. Evans made several materially false statements concerning his financial situation both before and after receiving the loan. Unsurprisingly, Evans failed to make his payments, and on October 17, 2013, Truist notified him that he was…More