Parties
Saunders was a citizen of Kentucky demanding payment in accordance with a contract. Ogden was a citizen of Louisiana who lived in New York at the signing of the contract and claimed bankruptcy as a defense under a New York bankruptcy law passed in 1801.
Saunders was represented by Daniel Webster, among others. Webster argued to the Court that the clause of the Constitution barring states from impairing the obligations of contracts is applicable not just to past contracts, but also to future contracts. Ogden's attorneys included Henry Clay. The case was initially argued in 1824, and then again in 1827.
Read more about this topic: Ogden V. Saunders
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