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IDT CORP. v. TYCO GROUP

No. 96

23 N.Y.3d 497 (2014)

13 N.E.3d 329

991 N.Y.S.2d 574

2014 NY Slip Op 4044

IDT CORP. et al., Respondents, v. TYCO GROUP, S.A.R.L., et al., Appellants.

Court of Appeals of New York.

Decided June 5, 2014.

Attorney(s) appearing for the Case

Dewey Pegno & Kramarsky LLP, New York City ( Thomas E.L. Dewey of counsel), for appellants.

Robins, Kaplan, Miller & Ciresi L.L.P. New York City ( Hillel I. Parness , Richard A. Mescon and Oren D. Langer of counsel), for respondents.

OPINION OF THE COURT

SMITH, J.

For the last 15 years, the parties to this case have alternately negotiated and litigated over the development and use of a telecommunications system. This lawsuit is the second to come to us in which IDT Corp. claims that Tyco International, Ltd. breached its obligation under a 2000 settlement agreement to negotiate additional agreements in good faith. In the previous lawsuit, we...

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