All Points Capital Corp. v. Boyd Brothers, Inc.
United States District Court for the Northern District of Florida
2011 WL 2790170 (2011)
Relevant factsFree
Boyd (defendant), a printing business serving Gulf Coast customers, defaulted on promissory notes with All Points (plaintiff) and raised commercial impracticability as a defense, blaming the BP oil spill for making its business less viable; All Points moved for summary judgment.
IssueFree
Whether a party's contractual performance obligation is discharged when performance becomes impracticable, without the party's fault, due to an event changing a basic assumption underlying the contract.