From our private database of 14,100+ case briefs...
Native Alaskan Reclamation & Pest Control, Inc. v. United Bank Alaska
Alaska Supreme Court
685 P.2d 1211 (1984)
Native Alaskan Reclamation & Pest Control, Inc. (Native) (plaintiff) asked United Bank Alaska (United) (defendant) to finance Native’s purchase of 11 airplanes that were in Japan. Native and United entered a loan agreement stating that 6 of the planes would be collateral for the loan. Native planned to alternate bringing each plane to America with getting more financing for the remaining planes. A few months later, however, United changed its mind and refused to honor the loan agreement. Native tried to get other financing but was unsuccessful. Ultimately, Native lost the planes, which were sold as scrap. Native sued United for breach of contract. The trial court found that United had willfully breached the contract. The court identified how much United’s breach had cost Native in terms of: (1) Native’s reliance on United’s promise (reliance damages), (2) what it cost Native to try to save the planes after United breached (mitigation damages), and (3) how much Native would have made if United had followed through, minus the interest Native would have paid on the loan (expectation damages). Nevertheless, the court found that United could not foresee that Native would lose the planes without United’s loan and, therefore, only awarded Native the cost of trying to save the planes after the breach, Native’s mitigation damages.
Rule of Law
Holding and Reasoning (Burke, C.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 97,000 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.
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 222,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,100 briefs, keyed to 189 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.