Legal Opinion
IDT Corp. v. Tyco Group, S.A.R.L.
New York Court of Appeals
Decided October 22, 2009PublishedCited by 66 opinions
1Opinion of the Court
OPINION OF THE COURT
Jones, J.
At issue in this breach of contract action is whether the settlement agreement made the negotiation and execution of further agreements a precondition to the parties’ obligation. We hold that it did and affirm the order of the Appellate Division.
By written settlement agreement entered into October 10, 2000, IDT and Tyco agreed to drop their pending lawsuits. The pending lawsuits arose from a dispute between IDT and Tyco over a memorandum of understanding. IDT claimed that Tyco owed it $30,000,000 after withdrawing from a joint venture to *212construct a fiber optic…
2Cases cited9 opinions
- Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
- Hallock v. StateNew York Court of Appeals · 1984
- Merritt Hill Vineyards Inc. v. Windy Heights Vineyard, Inc.New York Court of Appeals · 1984
- Oppenheimer & Co. v. Oppenheim, Appel, Dixon & Co.New York Court of Appeals · 1995
- Teachers Insurance & Annuity Ass'n of America v. Tribune Co.District Court, S.D. New York · 1987
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3Cited by66 opinions
- Stonehill Capital Management LLC v. Bank of the WestNew York Court of Appeals · 2016
- Amcan Holdings, Inc. v. Canadian Imperial Bank of CommerceAppellate Division of the Supreme Court of the State of New York · 2010
- Adelphia Recovery Trust v. FPL Group, Inc. (In re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2014
- National Gear & Piston, Inc. v. Cummins Power Systems, LLCDistrict Court, S.D. New York · 2012
- Common Law Settlement Counsel v. Travelers Indemnity Co. (In Re Johns-Manville Corp.)Court of Appeals for the Second Circuit · 2014
61 more not listed; retrieve them via the Exa API.