Commercial Law Keyed to Lopucki
Wood v. State Bank
Only StudyBuddy Pro offers the complete Case Brief Anatomy*
Access the most important case brief elements for optimal case understanding.
*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
- Case Key Terms, Acts, Doctrines, etc.: A case specific Legal Term Dictionary.
- Case Doctrines, Acts, Statutes, Amendments and Treatises: Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
- Brief Facts: A Synopsis of the Facts of the case.
- Rule of Law: Identifies the Legal Principle the Court used in deciding the case.
- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Appellees entered into a contract for Jacklyn Construction Corp., (Jacklyn) to purchase Appellees’ real property. As part of the contract, Jacklyn was to make a nonrefundable payment to Appellees. In contemplation of this payment, Jacklyn caused Appellant to open a clean irrevocable letter of credit in favor Appellees’ attorney. The letter of credit required a sight draft making reference to credit number 1147 and a sworn statement by Plaintiffs’ attorney stating that Jacklyn willfully failed to close title in accordance with certain provisions in the contract. The attorney submitted a sight draft without reference to the credit number and an affidavit that referenced the credit number and demanded payment pursuant to the contract of sale. The Supreme Court of New York found that Appellees complied with the letter of credit and granted summary judgment in their favor.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
- Holding: Shares the Court's answer to the legal questions raised in the issue.
- Concurring / Dissenting Opinions: Includes valuable concurring or dissenting opinions and their key points.
- Reasoning and Analysis: Identifies the chain of argument(s) which led the judges to rule as they did.