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IN RE 131 LIQUIDATING CORP.

No. 97 CIV. 4641(MGC).

44 F.Supp.2d 552 (1999)

In re 131 LIQUIDATING CORP. fka/fdba Alexander Doll Company, Inc., Debtor. 131 Liquidating Corp. fka/fdba Alexander Doll Company, Inc., Debtor/Counterclaimant, and Jeffrey Chodorow, Linda Chodorow, Jack Polsenberg, Gerald Broker, and Sydell Smith, Third-Party Plaintiffs, v. Lasalle Capital Group, Inc., Charles S. Meyer, William V. Glastris, Jr. and Arthur M. Peisner, Defendants. Lasalle Capital Group, Inc., Counterplaintiff, v. Jeffrey Chodorow and Ira Smith, Counterdefendants.

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

April 12, 1999.

Attorney(s) appearing for the Case

Fisher, Fisher & Berger, New York by Laurence J. Kaiser, for Debtor.

Burns Handler & Burns LLP, New York by Arthur M. Handler, Special Litigation Counsel for Debtor and for Third-Party Plaintiffs.

Robert J. Rubin, Camden, ME, for Defendants.

Altheimer & Gray, Chicago, IL by Theodore J. Low, for Defendants.

OPINION

CEDARBAUM, District Judge.

131 Liquidating Corp., fka/fdba Alexander Doll Company, Inc., (the "Debtor") seeks partial summary judgment precluding any recovery by LaSalle Capital Group, Inc. ("LaSalle") of expectancy damages for the Debtor's alleged breach of the exclusivity provision of a certain letter of intent. Because the Debtor did not enter into the deal contemplated by the letter of intent with either LaSalle or a different source of...

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