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Contracts Keyed to Kuney
Batsakis v. Demotsis
Citation:226 S.W.2d 673 (1949).
ProfessorMelissa A. Hale
CaseCast™ – "What you need to know"
Batsakis v. Demotsis
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- 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.
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- 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:
Plaintiff and defendant were residents of the Kingdom of Greece and both owned assets in the United States. Due to World War II, defendant was unable to access her money, property, or credit in the United States. For such reasons, the plaintiff agreed to lend the defendant 500,000 drachmae (Greek) in exchange for $2,000 (USD) plus interest at a rate of 8% per annum. Defendant signed a letter dated April 2, 1942 to that effect. At the time, 500,000 drachmae had the equivalent value of $25.00 (USD).
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