Legal Opinion
Societe Generale Financial Corp. v. Graphics Leasing Corp.
Massachusetts Superior Court
Decided August 5, 1994No. 91-1258-DPublished
1Opinion of the CourtNeel, J.
This is a breach of contract claim involving the sale of an equipment lease. Plaintiff, Societe Generale Financial Corp. (SGFC), purchased from defendant, Graphics Leasing Corporation (Graphics), a lease between Graphics and dismissed defendant National Investor News, Inc. (“National”). The purchase agreement between SGFC and Graphics included a *463buy-back provision, requiring Graphics to repurchase the lease in the event National defaulted on its payments to SGFC. National defaulted, and SGFC now claims that Graphics breached the purchase agreement by failing to repurchase the lease.
The claim…
2Cases cited12 opinions
- J. N. A. Realty Corp. v. Cross Bay Chelsea, Inc.New York Court of Appeals · 1977
- New York Telephone Co. v. Jamestown Telephone Corp.New York Court of Appeals · 1940
- Chemical Bank v. WassermanNew York Court of Appeals · 1975
- Lusker v. TannenAppellate Division of the Supreme Court of the State of New York · 1982
- Black v. State of Mo.District Court, W.D. Missouri · 1980
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