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Contracts Keyed to Epstein
Laredo National Bank v. Gordon
Citation:61 F.2d 906 (1932)
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- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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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:
Attorney Bernard Gordon brought an action against his client, Laredo National Bank, to recover $12,500 as a fee agreed upon in the settlement of a suit which the attorney had brought for the bank against Abraham and Aaron Rosenblum and their corporation. During the settlement action against the Rosenblums, Gordon wired that the bank that he felt confident his fee could be adjusted reasonably in light of the developments. The bank wired Gordon, stating that it must know immediately what will be the attorney’s fees in the event the bank accepts settlement. On July 3, 1930, the bank’s president wrote Gordon that the bank would pay a reasonable fee, but that the amount mentioned in his telegram – $12,5000 – was beyond reason.
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