Legal Opinion
Chicago Research & Trading v. New York Futures Exchange, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided January 26, 1982PublishedCited by 4 opinions
1Opinion of the Court
opinion of the court
Sullivan, J.
Plaintiff, a commodities trading firm, sues the New York Futures Exchange, Inc. (NYFE), a Federally designated and regulated commodity exchange, and New York Fu*414tures Clearing Corporation (NYFCC), its wholly owned subsidiary and clearing organization, for declaratory and injunctive relief, alleging that on March 19, 1981 it “contracted to sell $120 million face amount of 20-year [United States Treasury] Bonds for delivery in February of 1982” in accordance with the Exchange’s Treasury bond contract, and that NYFCC’s refusal to accept a delivery notice on…
2Cases cited9 opinions
- New York Public Interest Research Group, Inc. v. CareyNew York Court of Appeals · 1977
- Prashker v. United States Guarantee Co.New York Court of Appeals · 1956
- Self-Insurer's Ass'n v. State Industrial CommissionNew York Court of Appeals · 1918
- Gaynor v. RockefellerNew York Court of Appeals · 1965
- Kane v. WalshNew York Court of Appeals · 1946
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3Cited by4 opinions
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- O'Neill v. PoitrasAppellate Division of the Supreme Court of the State of New York · 1990
- American Horse Shows Ass'n v. WardNew York Supreme Court · 2000
- Leibinger-Roberts, Inc. v. LeibingerAppellate Division of the Supreme Court of the State of New York · 1983