Legal Opinion
Nortel Networks, Inc. v. Gold & Appel Transfer, S.A.
District Court, District of Columbia
Decided January 5, 2004No. CIV.A. 02-0706(JDB)PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM OPINION
BATES, District Judge.
In this diversity of citizenship action brought pursuant to 28 U.S.C. § 1332, plaintiff Nortel Networks (“Nortel”) claims that defendant Gold & Appel Transfer (“G & A”) failed to abide by two letter agreements that obliged it to provide $35 million in loans to NETtel Communications (“NETtel”). Nortel was the administrative agent for a syndicate of lenders (the “Syndicate”) that purchased NETtel securities and made short-term loans to NET-tel on the condition that a portion of the G & A financing would be used by NETtel to repay the Syndicate’s loans.…
2Cases cited26 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
- Johnson v. ZerbstSupreme Court of the United States · 1938
- Tao v. FreehCourt of Appeals for the D.C. Circuit · 1994
- John M. Lee v. Flintkote CompanyCourt of Appeals for the D.C. Circuit · 1979
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3Cited by7 opinions
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