Bridgkort Racquet Club, Inc. v. University Bank
Court of Appeals of Wisconsin
1Opinion of the CourtFoley, J.
The respondent, Bridgkort Racquet Club, Inc. was formed in 1975 to build an indoor athletic facility in Neenah. In August and September, 1975, Bridgkort received loan commitments from several lending institutions including the appellant, University Bank, in order to finance construction. The commitments were in varying amounts totaling $1,050,000, with the defendant Bank agreeing to loan plaintiff $250,000 at 10*4% over 15 years. Home Savings & Loan of Appleton had meanwhile agreed to be the lead lender and had extended an interim loan for $1,050,000 to cover costs arising dur ing…
2Cases cited10 opinions
- Powers v. Allstate InsuranceWisconsin Supreme Court · 1960
- Pleasure Time, Inc. v. KussWisconsin Supreme Court · 1977
- Wisconsin Builders, Inc. v. General Insurance Co. of AmericaWisconsin Supreme Court · 1974
- Corcoran v. HarranWisconsin Supreme Court · 1882
- Spleas v. Milwaukee & Suburban Transport Corp.Wisconsin Supreme Court · 1963
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3Cited by10 opinions
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- Pipkin v. Thomas & Hill, Inc.Supreme Court of North Carolina · 1979
- Paper MacHinery Corp. v. Nelson Foundry Co.Court of Appeals of Wisconsin · 1982
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