Legal Opinion

Island Federal Credit Union v. Hillside Auto Mall, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided January 10, 2012Published

1Opinion of the Court

*600Ordered that the judgment is reversed, on the law, with costs, the complaint is reinstated, and the matter is remitted to the Supreme Court, Suffolk County, for a new determination on the issue of damages in accordance herewith.

The plaintiff credit union and the defendant car dealership entered into a “Credit Union Agreement” dated April 25, 2006. Pursuant to the agreement’s terms, the defendant would refer its customers to the plaintiff to obtain financing from the plaintiff related to the purchase of motor vehicles sold by the defendant. Paragraph 3 of the agreement provided that the…

2Cases cited4 opinions

  1. Wilmot v. State of New YorkNew York Court of Appeals · 1973
  2. Wai Ming Ng v. TowAppellate Division of the Supreme Court of the State of New York · 1999
  3. Casandra Properties, Inc. v. M.S.B. Development Co.Appellate Division of the Supreme Court of the State of New York · 2010
  4. Xand Corp. v. Reliable System Alternatives Corp.Appellate Division of the Supreme Court of the State of New York · 2009

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