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2157 ACP LLC v. FAMOUS INDUS., INC.

Index No. 155888/17. Appeal No. 13325. Case No. 2020-01713.

192 A.D.3d 474 (2021)

144 N.Y.S.3d 30

2021 NY Slip Op 01478

2157 ACP LLC, Respondent-Appellant, v. Famous Industries, Inc., et al., Appellants-Respondents.

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

Decided March 11, 2021.

Attorney(s) appearing for the Case

Joseph A. Altman P.C., Bronx ( Joseph A. Altman of counsel), for appellants-respondents.

Jeffrey M. Rosenberg, P.C., New York ( Jeffrey M. Rosenberg of counsel), for respondent-appellant.

Concur—Webber, J.P., Kern, Scarpulla, Mendez, JJ.

In an effort to fulfill the requirement of a Site Development Agreement to timely obtain a loan commitment letter, plaintiff acquired a document titled "Commitment Letter" that contained specific terms and conditions upon which, subject to due diligence and consideration, Corvin Capital, LLC would commit to provide a loan to plaintiff. In interpreting the document, the "plain meaning of words and phrases should be determined and the language construed so as to give full meaning...

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