Crédit Agricole Corporate & Investment Bank New York Branch v. American Home Mortgage Holdings, Inc.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
SLOVITER, Circuit Judge.
If we can avoid preoccupation with the dazzling number of monetary digits involved in this case (the contractual repo price of almost $1.2 billion, the Purchaser’s claim totaling in excess of $478 million, and the parties’ damages calculations that are nearly $500 million apart), the issue before us is limited to a determination of the meaning of the statutory phrase requiring damages to be measured based on a “commercially reasonable determinante ] of value.” It is an issue of statutory construction such as those routinely faced by federal courts,…
2Cases cited7 opinions
- Connecticut National Bank v. GermainSupreme Court of the United States · 1992
- Kelly v. RobinsonSupreme Court of the United States · 1986
- United States of America, in No. 99-5079 v. Joseph R. Gregg Ruby C. McDaniel Luis Menchaca Francis S. Pagnanelli William Charles Raiser Michael Henry Rose Kidd Arnold Matheson Katharine O'Keefe Eva Alvarado Joseph F. O'Hara Joseph Roach Robert Rudnick James Soderna James Sweatt Elizabeth Wagi Byron Adams Kevin Blake Amy Boissonneault Baldo Dino Stephen C. Elliot Sheryl Fitzpatrick Mary Foley Dennis Green George Lynch Raymond Micco Alexis Mulrenan Ralph Traphagen James Trott Kimiko Trott United States of America v. Joseph R. Gregg Ruby McDaniel Luis Menchaca Francis S. Pagnanelli William Raiser Michael A. Henry Rose Kidd Arnold Matheson Katharine O'Keefe Eva Alvarado Joseph O'Hara Joseph H. Roach Robert Rudnick James Soderna James Sweatt Elizabeth Wagi Byron Adams Kevin Blake Amy Boissonneault Baldo Dino Stephen Elliot Sheryl Fitzpatrick Mary Foley Dennis Green George Lynch Raymond Micco Alexis Mulrenan Ralph Traphagen James Trott Kimiko TrottCourt of Appeals for the Third Circuit · 2000
- In Re Lord Abbett Mutual Funds Fee LitigationCourt of Appeals for the Third Circuit · 2009
- In Re: Michael B. Price Christine R. Price, Debtors Michael B. Price Christine R. Price v. Delaware State Police Federal Credit Union U.S. Trustee, TrusteeCourt of Appeals for the Third Circuit · 2004
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3Cited by22 opinions
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- MRL Development I, LLC v. Whitecap Investment Corp.Court of Appeals for the Third Circuit · 2016
- Trunzo v. Citi MortgageDistrict Court, W.D. Pennsylvania · 2014
- Trunzo v. Citi MortgageDistrict Court, W.D. Pennsylvania · 2012
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