RANDOLPH EQUITIES, LLC v. CARBON CAPITAL, INC.

No. 05 Civ. 10889(PAC).

648 F.Supp.2d 507 (2009)

RANDOLPH EQUITIES, LLC, Farouk Adam Sharif, and Tierney Sharif, Plaintiffs, v. CARBON CAPITAL, INC., and BlackRock, Inc., Defendants.

United States District Court, S.D. New York.

August 24, 2009.


Attorney(s) appearing for the Case

Andrea J. Lawrence, Jay B. Spievack, Jed Lewin, Cohen Tauber Spievack & Wagner, P.C., New York, NY, Jacob Meister, Law Office of Jacob J. Meister, Chicago, IL, for Plaintiffs.

Seth M. Schwartz, Sharon Garb, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendants.


OPINION & ORDER

PAUL A. CROTTY, District Judge:

This is a real estate dispute arising out of Defendants' termination of a planned $16.7 million mezzanine financing loan for Plaintiffs' real estate transaction. Plaintiffs' Second Amended Complaint ("SAC") alleges five claims: breach of contract; fraud; tortious interference with prospective business advantage; promissory estoppel; and equitable estoppel. Defendants now move for summary judgment...

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