Esquire Radio & Electronics Esquire Radio & Electronics, the plaintiff, has filed a law suit against Montgomery Ward, seeking damages for a breach of contract. Esquire alleged that Montgomery Ward supplied them with spare parts with a promise that they would buy back any excess The contract with ward was not a traditional contract, rather it was a promise to buy back the excess inventory. On many occasions Ward has forced Esquire to increase their inventory against their better judgement, Ward assured them that they would buy back the excess inventory. Esquire Radio V. Montgomery WardEsquire Radio V. Montgomery Ward, 804 F.2d 787 (2nd Cir.1986)Plaintiff and DefendantEsquire Radio & Electronics, the plaintiff, has filed a law suit against Montgomery Ward, seeking damages for a breach of contract.FactsEsquire Radio and Electronics has sued Montgomery Ward for a breach of contract (Promissory Estoppel). Esquire alleged that Montgomery Ward supplied them with spare parts with a promise that they would buy back any excess inventory. Ward terminated the contract with Esquire Radio and refused to buy back the spare parts inventory. The contract with ward was not a traditional contract, rather it was a promise to buy back the excess inventory. On many occasions Ward has forced Esquire to increase their inventory against their better judgement, Ward assured them that they would buy back the excess inventory. There was clear and unambiguous promises made by Ward to Esquire that they should not worry about the accumulating inventory of spare parts. Evidence further showed that Fisher, a wards manager assured Esquire that Ward would purchase their excess spare parts inventory. Esquire should consider the excess inventory on wards account, so said Fisher. Ward literally encouraged Esquire to purchase excess spare parts inventory.Trial CourtThe trial court ruled in favor of Esquire Radio. The court ruled that ward was obligated to purchase the e...
