Goodwin & Wife v. Colorado Mortgage Investment Company of London (Limited) was a case heard by the United States Supreme Court in 1884. The case involved a dispute between the plaintiffs, Goodwin & Wife, and the defendant, Colorado Mortgage Investment Company of London (Limited). The plaintiffs had purchased a mortgage from the defendant, but the defendant had failed to pay the mortgage when it was due. The plaintiffs then sued the defendant for breach of contract. The Supreme Court held that the defendant was liable for breach of contract. The Court found that the defendant had failed to pay the mortgage when it was due, and that the plaintiffs had suffered damages as a result. The Court also held that the defendant was liable for the costs of the lawsuit, including attorney's fees. The Court's decision in this case established that a party who fails to fulfill its contractual obligations is liable for damages and costs associated with the breach. This decision has been cited in numerous subsequent cases, and is still used today to determine the liability of parties who fail to fulfill their contractual obligations.

Justice Field delivered the dissenting opinion in Goodwin & Wife v. Colorado Mortgage Investment Company of London (Limited). He argued that the majority's decision was based on a misapplication of English law, which should not be used to interpret American statutes. According to Justice Field, the Court had failed to consider whether or not there were any differences between English and American laws regarding mortgages and their effects on title deeds. Furthermore, he noted that even if English law did apply in this case, it would still have been necessary for the Court to determine how much weight should be given to certain precedents cited by both parties before making its ruling. In conclusion, Justice Field believed that while some aspects of English common law may have relevance in America due to our shared legal heritage with England, they must always remain subordinate when interpreting domestic legislation such as state mortgage laws.