When he was told that 2006 money could not count toward 2005 expenses, Williams requested recission of his enrollment in the plan for 2006 and a refund of his money. |
Casey said some states provide a 30-day right of recission to policy owners who reach a life settlement deal. |
If the customer doesn't fulfil his payment obligations, this leads without any further information to a recission from the contract. |
Vaughn illustrates the potential difficulty of separating the recission of arrears analysis from the retroactive variation analysis, and D. Smith notes that the post-SRG caselaw continues to blur the distinction: ibid. |
This could be disastrous for the government, because one possible remedy would be the equitable remedy of recission, which would leave the government with no contract at all. |