Quimbee logo
DMCA.com Protection Status
From our private database of 17,600+ case briefs...

Lewis v. Premium Investment Corp.

South Carolina Supreme Court
568 S.E.2d 361 (2002)


Facts

William Lewis (plaintiff) bought property from Premium Investment Corporation (defendant) pursuant to an installment sales contract. The contract provided for forfeiture at Premium’s option if Lewis defaulted on a payment. Approximately 12 years after the contract was signed, and after making 141 of the 182 required payments, Lewis stopped making payments. Approximately one year later, Premium mailed Lewis a letter cancelling the installment contract. Subsequently, Lewis sought to make additional payments to Premium, but Premium refused to accept them. Lewis brought suit seeking specific performance of the contract. The master-in-equity determined that Lewis had breached the contract and that Premium had the right to cancel the contract. The court of appeals reversed, finding that Lewis had an equitable right to redemption. Premium appealed.

Rule of Law

Issue

Holding and Reasoning (Burnett, J.)

What to do next…

  1. 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 458,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. 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. Read more about Quimbee.

Here's why 458,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 17,600 briefs, keyed to 984 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.

Questions & Answers


Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial