Legal Opinion
Chase Manhattan Bank v. Motorola, Inc.
District Court, S.D. New York
Decided February 11, 2002No. 00 CIV 4838(AKH)PublishedCited by 8 opinions
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
HELLERSTEIN, District Judge.
I. FINDINGS OF FACT
1. This is a breach of contract action in which The Chase Manhattan Bank (“Chase”) seeks to enforce a $300 million guarantee obligation by Motorola, Inc. (“Motorola”), pledged by Iridium Operating LLC (“Iridium”) as collateral for an $800 million loan by Chase and a consortium of lenders represented by Chase (collectively, the “Lenders”).
2. The following findings of fact and conclusions of law concern only Chase’s claims in this suit. Motorola’s counter claim has not yet been tried by the parties, and I…
2Cases cited5 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- State Street Trust Co. v. ErnstNew York Court of Appeals · 1938
- Renali Realty Group 3 v. Robbins MBW Corp.Appellate Division of the Supreme Court of the State of New York · 1999
- Cities Service Co., Inc. v. Derby & Co., Inc.District Court, S.D. New York · 1987
3Cited by8 opinions
- In Re Iridium Operating LLCCourt of Appeals for the Second Circuit · 2007
- Barron Partners, LP v. LAB123, INC.District Court, S.D. New York · 2009
- Motorola, Inc. v. Official Committee of Unsecured CreditorsCourt of Appeals for the Second Circuit · 2007
- Freeland v. Iridium World Communications Ltd.District Court, District of Columbia · 2008
- Bell v. CareyDistrict Court, S.D. New York · 2020
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