Lakeshore Commercial Finance Corp. v. Drobac

This is a review of a decision of the court of appeals 1 affirming a judgment of the circuit court for Milwaukee county, DAVID V. JENNINGS, JR., Circuit Judge, which dismissed the plaintiff's com plaint for failure to state a claim upon which relief could be granted.

We reverse the decision of the court of appeals and remand to the circuit court for further proceedings.

The basic question posed is whether a contract can be effectively modified by less than all of the original signatories to the contract. If such modification is valid as to the participants in the modification, can the contract…