Friday, March 23, 2012

Batsakis v. Demotsis case brief

 Batsakis v. Demotsis; (TX Ct of Civil Appeals, 1949); Supp 52; Notes 26
Woman trapped in Greece during war
  • Facts: P leant $25 to D during WWII in Greece, D promised to give back $2k after war. D didn’t want to pay back.
  • Holding: Valid K. The $25 was so important to D at the time of K that it was worth $2k to her later. Black letter law requires us to look for exchange, and not adequacy of consideration
  • Rule: Mere inadequacy of consideration will not void a K or excuse performance. Parties must decide what the deal should be and the court will usually enforce it.

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