D & G Stout, Inc. v. Bacardi Imports, Inc.
United States Court of Appeals for the Seventh Circuit
923 F.2d 566 (7th Cir 1991)
Relevant factsFree
After losing two major supplier lines, D & G's (plaintiff's) president sought and received repeated assurances of continued commitment from Bacardi (defendant), leading him to reject a pending acquisition offer from National Wine & Spirits; Bacardi then withdrew its own product line from D & G, causing D & G's business to collapse and its employees to leave, and when National later renewed its offer, it was $550,000 lower than before, prompting D & G's promissory-estoppel suit, which the district court dismissed on summary judgment.
IssueFree
Whether a party can reasonably rely on the promise of a continuation of a terminable-at-will relationship.