Hurtado v. Spanish Broadcasting System of Delaware, Inc.

This is an appeal after a final judgment in a breach of contract case. We conclude that the contract is clear on its face and that Spanish Broadcasting Systems, Inc. (“SBS”) was entitled to a directed verdict in its favor.

Jose Antonio Hurtado, a banker, entered into a contract with SBS whereby he agreed to introduce SBS to members of the Cisneros Group of Companies (“CGC”), a large Venezuelan media corporation. The agreement stated, in part:

Whereas, SBS desires to continue to expand its penetration into radio markets throughout the United States and abroad;

Whereas, as part of its growth and…