If the parties have formed an enforceable contract and no grounds exist to excuse performance, then a promisor who fails to perform breaches a contractual obligation. Recall that Restatement (Second) § 1 defined a contract as “a promise or a set of promises for the breach of which the law gives a remedy….” We turn […]

479 F.2d 638 (1973) UNITED STATES of America, for the use of Coastal Steel Erectors, Inc., Appellant, v. ALGERNON BLAIR, INCORPORATED, and United States Fidelity and Guaranty Company, Appellees. No. 72-2443. United States Court of Appeals, Fourth Circuit. Argued May 9, 1973. Decided June 14, 1973. [479 F.2d 639] Morris D. Rosen, Charleston, S. C. […]