Legal Opinion

Iowa Mortgage Center, L.L.C. v. Lana Baccam and Phouthone Sylavong

Supreme Court of Iowa

Decided December 20, 2013No. 12–0338PublishedCited by 56 opinions

1Opinion of the Court

WIGGINS, Justice.

We are reviewing the district court’s decision holding a lender did not meet its burden to prove a breach of contract on a loan agreement and promissory note, and even if the lender did prove a breach, it did not prove its damages. The lender appealed and we transferred the case to our court of appeals. The court of appeals affirmed the district court’s decision, and the lender requested further review, which we granted. On further review, we hold that the record establishes as a matter of law the lender proved the existence of the contract based upon a loan agreement and…

2Cases cited6 opinions

  1. Molo Oil Co. v. River City Ford Truck Sales, Inc.Supreme Court of Iowa · 1998
  2. NevadaCare, Inc. v. Department of Human ServicesSupreme Court of Iowa · 2010
  3. Boyle v. Alum-Line, Inc.Supreme Court of Iowa · 2006
  4. In Re Estate of RutterSupreme Court of Iowa · 2001
  5. Burch Manufacturing Co. v. McKeeSupreme Court of Iowa · 1942

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3Cited by56 opinions

  1. Iowa Arboretum, Inc. v. Iowa 4-H FoundationSupreme Court of Iowa · 2016
  2. Colin Henderson v. State Farm Fire & Casualty Co.Court of Appeals for the Eighth Circuit · 2024
  3. BVS, Inc. v. CDW Direct, LLCDistrict Court, N.D. Iowa · 2015
  4. Cynthia V. Ecube, in her capacity as Special Administrator of the Estate of Radhi P. Hemlani and Ishwar P. Hemlani and Vasudev B. Hemlani, Executors of the Estate of P.D. Hemlani, Plaintiffs-Appellants/Cross-Appellees v. RK Incorporation, Defendant-Appellee/Cross-AppellantSupreme Court of Guam · 2021
  5. 5th and Walnut Parking, LLC; 5th and Walnut Tower, LLC; 5th and Court, LLC; Justin Mandelbaum; and Sean Mandelbaum v. City of Des MoinesSupreme Court of Iowa · 2026

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