Estate of Berg v. United States

This breach of contract case is before us on the parties’ cross-motions for summary judgment. Defendant has admitted that its failure to redeem United States Treasury Bonds (flower bonds) at par value when tendered in payment of estate taxes constituted a breach. Therefore, the sole issue before us is the proper measure of damages flowing from defendant’s breach. For the following reasons, we hold that plaintiff is entitled to $62,491.23 in damages for defendant’s breach of contract.

I

The facts that are material to our decision are not in dispute. On October 7, 1974, Lillian G. Berg, the…