Mizuna, Ltd. v. Crossland Federal Savings Bank, AKA Crossland Savings Fsb, Royal Realty Co., a Partnership
Court of Appeals for the Second Circuit
1Opinion of the Court
JACOBS, Circuit Judge:
Mizuna, Ltd. (as buyer) and Royal Realty Co. (as seller) signed a detailed, 18-page Purchase Agreement for the sale of commercial condominium units in a Manhattan apartment building. At the contract signing, Mi-zuna made a $100,000 down payment on the one million dollar purchase price, pursuant to the contract terms. The transaction never closed. Following an exchange of claims alleging breach of the Purchase Agreement, the district court entered summary judgment for Royal, under which Mizuna forfeits its $100,000 down payment. Mizuna appeals, arguing that (i) the…
2Cases cited30 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Carnegie-Mellon University v. CohillSupreme Court of the United States · 1988
- Textile Workers v. Lincoln Mills of Ala.Supreme Court of the United States · 1957
- United States v. GaubertSupreme Court of the United States · 1991
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
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3Cited by53 opinions
- North Atlantic Instruments, Inc., Plaintiff-Counter-Defendant-Appellee v. Fred Haber and Apex Signal Corp., Defendants-Counter-Claimants-AppellantsCourt of Appeals for the Second Circuit · 1999
- Percy King and George Russell v. Crossland Savings Bank and American Express CompanyCourt of Appeals for the Second Circuit · 1997
- Cromer Finance Ltd. v. BergerDistrict Court, S.D. New York · 2001
- Barnes v. HarrisCourt of Appeals for the Tenth Circuit · 2015
- Tufaro v. Board of Regents of the University of OklahomaCourt of Appeals for the Tenth Circuit · 2024
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