S.S.I. Investors Ltd. v. Korea Tungsten Mining Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Ross, J. P.
The core issue presented on this appeal is whether the offer of the plaintiff bidder, which was submitted in an *156“alternative” form, constituted a firm offer which, it is alleged, was thereafter accepted by the seller. We have concluded that the purported bid as submitted was void from its inception and, therefore, there was no offer subject to acceptance.
Defendant Korea Tungsten Mining Company (KTM) was the owner of a certain parcel of real estate located in midtown Manhattan. KTM advertised the sale of this property in several prominent newspapers indicating…
2Cases cited9 opinions
- Burns v. . McCormickNew York Court of Appeals · 1922
- National City Bank of NY v. HotchkissSupreme Court of the United States · 1913
- Cooley v. . LobdellNew York Court of Appeals · 1897
- Brause v. GoldmanAppellate Division of the Supreme Court of the State of New York · 1960
- Brause v. GoldmanNew York Court of Appeals · 1961
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3Cited by20 opinions
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- Planning & Design Solutions v. City of Santa FeNew Mexico Supreme Court · 1994
- Diarassouba v. UrbanAppellate Division of the Supreme Court of the State of New York · 2009
- Francesconi v. NutterAppellate Division of the Supreme Court of the State of New York · 1986
- Amalfitano v. NBTY, Inc.Appellate Division of the Supreme Court of the State of New York · 2015
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