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UN. EQUITIES v. FIRST NAT. BANK

84 Misc.2d 441 (1975)

Untied Equities Company, Plaintiff, v. First National City Bank, Defendant.

Supreme Court, Trial Term, New York County.

October 2, 1975

Attorney(s) appearing for the Case

Hermann Kahn for plaintiff. Sherman & Stearling for defendant.

LEONARD N. COHEN, J.

This is an action upon stipulated facts to recover consequential damages for loss of profits claiming a breach of a futures purchase contract of 360,000,000 yen for United States $1,018,710 entered into April for October delivery in Japan and providing for an automatic three-month delivery date extension if the seller defendant bank failed to deliver due to circumstances beyond its control...

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