COLLEGIATE ASSET MANAGEMENT CORP. v. 45 JOHN MEZZANINE, LLC

4808, 602971/09, 4808A.

86 A.D.3d 477 (2011)

926 N.Y.S.2d 897

2011 NY Slip Op 5980

COLLEGIATE ASSET MANAGEMENT CORP., Appellant, v. 45 JOHN MEZZANINE, LLC, et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided July 21, 2011.


The parties' agreement provided for defendant purchaser 45 John Mezzanine, LLC to make an "Additional In Kind Payment Following Closing" to plaintiff seller of either two condominium units or cash. The agreement stated that the parties "shall" enter into contracts of sale for the purchase of the condominium units by a certain date. Although similar mandatory language requiring the execution of further agreements, coupled with a deadline, has been held to constitute a condition...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases