Corporate & Securities Law

I Guess I Have to Rewrite My Contracts Final

Maybe it was too easy anyway.  I mean, who hasn’t heard this one before?

Jinsoo Kim begins his opening brief by stating, ?Blood may be thicker than water, but here it?s far weightier than a peppercorn.?1 Kim appeals from the trial court?s refusal to enforce a gratuitous promise, handwritten in his friend’s own blood, to repay money Kim loaned and lost in two failed business ventures. He faults the trial court for not discussing or deciding in its statement of decision the issue of whether Kim’s forbearance (waiting over a year to file a meritless lawsuit against his friend, Stephen Son), supplied adequate consideration for Son?s blood-written document.

Yikes.  HT: Volokh (via How Appealing).

Full post as published by Truth on the Market on March 14, 2009 (boomark / email).