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FIRST AMERICAN INTERNATIONAL BANK v. COMMUNITY'S BANK

No. 10 Civ. 3775(JGK).

771 F.Supp.2d 276 (2011)

FIRST AMERICAN INTERNATIONAL BANK, Plaintiff, v. The COMMUNITY'S BANK, Defendant.

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

January 11, 2011.

Attorney(s) appearing for the Case

Adam Michael Felsenstein , Barry Black , Gallet Dreyer & Berkey, LLP, Martin Clearwater & Bell LLP, New York, NY, for Plaintiff.

Peter C. Harvey , Sean Robert Weissbart , Patterson, Belknap, Webb & Tyler LLP, New York, NY, for Defendant.

OPINION AND ORDER

JOHN G. KOELTL, District Judge:

The plaintiff, First American International Bank ("FAIB"), entered into agreements with the defendant, The Community's Bank ("TCB"), that required TCB to share 50% of a federal community development award if doing so was "permitted under all applicable laws, rules and regulations." TCB refused to pay FAIB, and FAIB sued for breach of contract. TCB now moves to dismiss FAIB's complaint under Federal...

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