Legal Opinion

Merrill Lynch Private Capital, Inc. v. Abu Khadra

District Court, S.D. New York

Decided May 31, 1991No. 90 Civ. 1447 (RLC)Published

1Opinion of the Court

OPINION

ROBERT L. CARTER, District Judge.

This diversity case stems from loan transactions between plaintiff Merrill Lynch Private Capital, Inc. (“Merrill Lynch”) and defendant Faisal H. Abou Khadra1 (“Abou Khadra”) that went awry. Merrill Lynch commenced suit against Abou Khadra to recover on a demand promissory note for a $1.5 million loan, and Abou Khadra, along with his sole proprietorship called Orbit Establishment (“Orbit”), counterclaimed for damages allegedly caused by Merrill Lynch’s failure to provide a $5 million loan. The court granted Merrill Lynch’s motion for summary judgment on…

2Cases cited10 opinions

Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
Smith v. . DotterweichNew York Court of Appeals · 1911
Candid Productions, Inc. v. International Skating UnionDistrict Court, S.D. New York · 1982

5 more not listed; retrieve them via the Exa API.