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SOSA, Justice. I respectfully dissent.
Although on philosophical grounds I tend to agree with the result reached by the majority, I cannot agree to that result in light of general contractual law. Both parties here were capable of entering into a contract or note and were able to understand the provisions they agreed upon. They could have easily provided for reasonable attorney’s fees rather than a flat fee. Courts should not rewrite clear and unambiguous clauses in a contract or note merely because one party later dislikes the financial consequences of what he agrees to in that contract or note. Thus, I do not agree that the clause in the note must be interpreted to say “a reasonable amount, up to but not more than ten percent.”
Document Info
Docket Number: 11075
Citation Numbers: 563 P.2d 1158, 90 N.M. 365
Judges: McManus, Easley, Payne, Sosa
Filed Date: 5/9/1977
Precedential Status: Precedential
Modified Date: 10/19/2024