From our private database of 28,700+ case briefs...
In re Estate of Melvin
Illinois Appellate Court
5 Ill. App. 3d 463, 283 N.E.2d 303 (1972)
Melco, Inc. (Melco) made and issued a promissory note for $12,000 that was payable to Marjorie Floor (plaintiff). The note contained a statement that, in exchange for funds advanced to Melco, Melco would irrevocably guarantee Floor against loss resulting from nonpayment on the note. Melco’s president, Charles Melvin, signed the guarantee statement on the note. After Melvin’s death, Floor brought an action against Melvin’s estate (defendant) for repayment on the note, arguing that Melvin was a guarantor of payment on the note. In the complaint, Floor did not allege that she had obtained a judgment on the note against Melco or that Melco was insolvent. The trial court dismissed Floor’s claim, and Floor appealed.
Rule of Law
Holding and Reasoning (Alloy, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 546,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 546,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 28,700 briefs, keyed to 983 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.