Legal Opinion
Phoenix Racing, Ltd. v. Lebanon Valley Auto Racing Corp.
District Court, N.D. New York
Decided June 30, 1999No. 1:97-cv-00493PublishedCited by 6 opinions
1Opinion of the Court
DECISION AND ORDER
KAHN, District Judge.
This diversity action, brought by Plaintiffs Phoenix Racing Ltd. (“Phoenix Racing”) and Wraith Automobile Racing, Inc. (“Wraith”), arises out of an agreement in which Plaintiffs agreed to lease an automobile racing facility owned by the Defendants. Plaintiffs now allege that Defendants induced them to enter the lease by misrepresenting the facility’s suitability for improvement and expansion and that Defendants have breached the lease in numerous respects regarding performance. Defendants counter that Plaintiffs have breached the lease by failing to pay…
2Cases cited55 opinions
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3Cited by6 opinions
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