Legal Opinion

Latham Land I LLC v. TGI Friday's Inc.

Appellate Division of the Supreme Court of the State of New York

Decided January 8, 2015Published

1Opinion of the CourtClark, J.

Appeal from an order of the Supreme Court (Platkin, J.), entered March 20, 2013 in Albany County, which, upon remittal, among other things, awarded plaintiff damages in the amount of $451,963 and statutory interest from a date certain.

In 2007, the parties entered into a contract providing that defendant would construct and operate a restaurant on property owned by plaintiff in the Town of Colonie, Albany County. The contract contemplated that defendant would lease the property for at least 10 years. Defendant failed to build the restaurant and, in 2008, announced that it was terminating the…

2Cases cited8 opinions

  1. Andon v. 302-304 Mott Street AssociatesNew York Court of Appeals · 2000
  2. St. Agnes Cemetery v. State of New YorkNew York Court of Appeals · 1957
  3. Board of Managers v. Town of AmherstNew York Court of Appeals · 2014
  4. Smith v. StateAppellate Division of the Supreme Court of the State of New York · 2014
  5. Caggianelli v. SontheimerAppellate Division of the Supreme Court of the State of New York · 2007

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