Legal analysis from Dean's Law Dictionary will be displayed here.

This section contains the nature of the case and procedural background.

K.M.C. (P) was engaged in the wholesale and retail grocery business. Irving (D) held provided all of P's financing. As per agreement, on March 1, 1982, D refused to advance P monies as per the agreement. P sued D for breach alleging that D's refusal was responsible for P's collapse as a business entity. D claimed that P was already collapsing when D refused to provide more funds. The jury trial resulted in a $7.5-million-dollar reward for P. D appealed.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.