Legal Opinion

ALJ Capital I, L.P. v. David J. Joseph Co.

Appellate Division of the Supreme Court of the State of New York

Decided February 5, 2008PublishedCited by 4 opinions

1Opinion of the Court

Order, Supreme Court, New York County (Walter B. Tolub, J.), entered March 19, 2007, which, insofar as appealed from, granted defendant’s motion for summary judgment dismissing the complaint, unanimously affirmed, with costs.

The complaint was properly dismissed on the ground that plaintiffs failed to provide prompt written notice of a “Disallowance,” a condition precedent to their right to demand repayment from defendant under the subject agreement. The giving of such notice was always within plaintiffs’ control, and, despite the lack of explicitly conditional language, was unmistakably…

2Cases cited1 opinion

  1. National Fuel Gas Distribution Corp. v. Hartford Fire InsuranceAppellate Division of the Supreme Court of the State of New York · 2006

3Cited by4 opinions

  1. Bank of New York Mellon Trust Co. v. Morgan Stanley Mortgage Capital, Inc.Court of Appeals for the Second Circuit · 2016
  2. Assured Guaranty Municipal Corp. v. DB Structured Products, Inc.New York Supreme Court · 2011
  3. Bank of New York Mellon Trust Co. v. Morgan Stanley Mortgage Capital, Inc.Court of Appeals for the Second Circuit · 2016
  4. Bank of New York Mellon Trust Co. v. Morgan Stanley Mortgage Capital, Inc.Court of Appeals for the Second Circuit · 2016

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