Brainstorms Internet Marketing, Inc. v. USA Networks, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Charles E. Ramos, J.), entered January 9, 2006, which denied plaintiffs’ motion for partial summary judgment, unanimously affirmed, with costs.
The subject option agreement is clear and unambiguous in requiring that defendant purchaser exercise the option “by delivering written notice thereof’ to plaintiff seller. However, the e-mail that plaintiffs claim was an exercise of the option does not state that defendant was therein exercising the option. As the e-mail does not strictly comply with the terms of the option agreement, it cannot be said as a matter…
2Cases cited1 opinion
- Tauber v. Bankers Trust Co.Appellate Division of the Supreme Court of the State of New York · 1997