Legal Opinion

El-Yafi v. 360 East 72nd Owners Corp.

District Court, S.D. New York

Decided November 7, 1995No. 93 Civ. 3704 (WK)PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM & ORDER

WHITMAN KNAPP, Senior District Judge.

This is an action by prospective buyers of a residential co-op (plaintiffs) against the co-op corporation and its board of directors (defendants), alleging that defendants refused to approve plaintiffs’ purchase of the co-op due to their race, color, religion and/or national origin.1 Defendants contend that they acted in good faith in the exercise of business judgment, based on the financial information that plaintiffs had provided, and on their refusal to respond to questions concerning their financial situation.

Discovery in the ease has…

2Cases cited5 opinions

  1. Thomas v. ArnSupreme Court of the United States · 1986
  2. New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983
  3. Bambu Sales, Inc. v. Ozak Trading Incorporated and Doron GratchCourt of Appeals for the Second Circuit · 1995
  4. Thomas E. Hoar, Incorporated, Cross-Appellee v. Sara Lee Corporation, Cross-AppellantsCourt of Appeals for the Second Circuit · 1989
  5. Update Art, Inc. v. Modiin Publishing, Ltd.Court of Appeals for the Second Circuit · 1988

3Cited by3 opinions

  1. United States Securities & Exchange Commission v. SumanDistrict Court, S.D. New York · 2010
  2. Montblanc-Simplo Gmbh v. Colibri Corp.District Court, E.D. New York · 2010
  3. Wang v. Shun Lee Palace Restaurant, Inc.District Court, S.D. New York · 2022

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