Legal Opinion
Newharbor Partners, Inc. v. F.D. Rich Co.
Court of Appeals for the First Circuit
Decided April 8, 1992No. Nos. 91-1360, 91-1422PublishedCited by 11 opinions
1Opinion of the Court
JOHN R. BROWN, Senior Circuit Judge,
This is an appeal of a judgment based on a directed verdict1 in a diversity case. This case arises from failed negotiations to form a joint real estate venture.2 The primary issue is whether or not a letter of intent executed by the parties gave rise to a duty to negotiate further in good faith despite express language that it created no legal obligations.3 We hold that it did not and affirm the judgment of the trial court.
A Match Made in Rhode Island
In the late 1980’s, Newharbor Partners, Incorporated (hereafter Newharbor) made initial investments aimed at…
2Cases cited11 opinions
- Fashion House, Inc. v. K Mart Corporation, Fashion House, Inc. v. K Mart CorporationCourt of Appeals for the First Circuit · 1989
- James T. Voutour v. Harold Vitale, James T. Voutour v. Harold VitaleCourt of Appeals for the First Circuit · 1985
- Rci Northeast Services Division v. Boston Edison CompanyCourt of Appeals for the First Circuit · 1987
- Westinghouse Broadcasting Co. v. Dial Media, Inc.Supreme Court of Rhode Island · 1980
- Smith v. BoydSupreme Court of Rhode Island · 1989
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Butler v. BaloliaCourt of Appeals for the First Circuit · 2013
- Commercial Associates v. Tilcon Gammino, Inc.Court of Appeals for the First Circuit · 1993
- Café La France, Inc. v. Schneider Securities, Inc.District Court, D. Rhode Island · 2003
- Arcari v. MarderDistrict Court, D. Massachusetts · 1998
- Nationwide Life Insurance v. SteinerDistrict Court, D. Rhode Island · 2010
6 more not listed; retrieve them via the Exa API.