Based on the contracts clause, the Supreme Court overturned debtor-relief laws restricting the rights of creditors to foreclose on mortgages.
Although the Supreme Court under Chief Justice Roger Brooke Taney
By a 6-1 vote, the Court ruled that the contract clause prohibited state legislatures from modifying the terms of an existing mortgage. The purpose of the clause, wrote the chief justice, “was to maintain the integrity of contracts, and to secure their faithful execution throughout this Union.” Although the Bronson precedent was upheld for many years, it was almost entirely abandoned in Home Building and Loan Association v. Blaisdell
Charles River Bridge v. Warren Bridge
Ex post facto laws
Home Building and Loan Association v. Blaisdell
Nixon, Richard M.
Powell v. Alabama
Sturges v. Crowninshield