Turbines Ltd. v. Transupport, Inc.
Nebraska Supreme Court
825 N.W.2d 767 (2013)
Relevant factsFree
Turbines (plaintiff) paid Transupport (defendant) in full for a turbine nozzle, which Transupport shipped, fully completing their supply contract; only afterward did Turbines learn its intended purchaser was illegally rerouting goods to Iran, making Turbines unable to complete its planned resale, and Turbines sought rescission of the Turbines-Transupport contract itself.
IssueFree
Whether a contract that has been fully performed can be rescinded or undone under Uniform Commercial Code § 2-615.