From our private database of 28,700+ case briefs...
State Bank of Standish v. Curry
Michigan Supreme Court
500 N.W.2d 104 (1993)
Each winter for 10 years, Robert and Kathleen Curry (defendants) met with State Bank of Standish (bank) (plaintiff) officials to hold preliminary discussions about a loan to cover the Currys’ spring planting expenses. Early each spring, the bank renewed the loan on the same terms as before. By 1985, the Currys had amassed so much debt that the bank changed the terms of repayment. In the 1986 winter meeting, the now financially stressed Currys asked the bank officials for advice on applying for a federal buyout of their farm, which would have wiped out their bank debt. The Currys discussed the matter with the bank’s officials who, although they said nothing specifically about renewing the annual loan, reassured the Currys that the bank would continue supporting them. The bank turned down the Currys’ loan application in May 1986, which was too late for them to arrange either adequate alternative financing or the federal buyout. The bank sued to collect on the Currys’ debt. The trial jury applied the doctrine of promissory estoppel, denied the bank’s petition, and awarded damages to the Currys. The intermediate appellate court reversed, and the Currys appealed to the Michigan Supreme Court.
Rule of Law
Holding and Reasoning (Boyle, J.)
Dissent (Riley, 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.