Legal Opinion
Central Mortgage Co. v. Morgan Stanley Mortgage Capital Holdings LLC
Supreme Court of Delaware
Decided August 18, 2011No. 595, 2010PublishedCited by 758 opinions
1Opinion of the Court
STEELE, Chief Justice:
Central Mortgage Company sued Morgan Stanley after mortgages for which CMC purchased servicing rights from Morgan Stanley began to fall delinquent during the early financial crisis in 2007. CMC made a variety of claims, and the Vice Chancellor 1 dismissed all of those claims with prejudice, except for its breach of contract claims which he dismissed without prejudice. CMC now appeals the dismissal of its breach of contract and implied covenant of good faith and fan* dealing claims. We reverse.
I. FACTS AND PROCEDURAL HISTORY
Morgan Stanley is in the business of purchasing…
2Cases cited10 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Savor, Inc. v. FMR Corp.Supreme Court of Delaware · 2002
- Webb v. Nashville Area Habitat for Humanity, Inc.Tennessee Supreme Court · 2011
- Desimone v. BarrowsCourt of Chancery of Delaware · 2007
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3Cited by758 opinions
- Winshall v. Viacom International Inc.Supreme Court of Delaware · 2013
- Kahn v. M & F Worldwide Corp.Supreme Court of Delaware · 2014
- Feeley v. Nhaocg, LLCCourt of Chancery of Delaware · 2012
- Quadrant Structured Products Company, Ltd. v. VertinCourt of Chancery of Delaware · 2014
- Allen v. Encore Energy Partners, L.P.Supreme Court of Delaware · 2013
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