About this document
Obligations and Contracts Overview by Myles Ninon Lazo is a document available to read on EtoBox.
The document provides a summary of a case between Mellon Bank and Javier regarding a mistaken bank transfer of $1 million instead of $1,000. According to the Supreme Court ruling: - Mellon Bank is not liable under the doctrine of quasi-contract as the excessive transfer was a mistake, while Javier and others appropriated the funds unjustly enriching themselves. - Javier and others involved must return the full $999,000 amount plus interest to Mellon Bank to prevent unjust enrichment at the bank
- Author
- Myles Ninon Lazo
- Language
- EN