Legal Opinion
Special Situations Fund III, L.P. v. Versus Technology, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided May 28, 1996PublishedCited by 5 opinions
1Opinion of the Court
Judgment, Supreme Court, New York County (Ira Gammerman, J.), entered November 21, 1995, after a nonjury trial, awarding plaintiff the sum of $194,773.44, unanimously affirmed, with costs.
The IAS Court properly determined that defendant, as the issuer of the warrant to buy certain common stock of the defendant corporation at a stated price per share subject to an adjustment of the purchase price upon the occurrence of certain specified events, materially breached, inter alia, the anti-dilution provision of the parties’ warrant agreement by reason of defendant’s admitted failure to adjust the…
2Cases cited6 opinions
- Kenford Co. v. County of ErieNew York Court of Appeals · 1986
- Kooleraire Service & Installation Corp. v. Board of EducationNew York Court of Appeals · 1971
- Fender v. PrescottAppellate Division of the Supreme Court of the State of New York · 1984
- Sunshine Steak, Salad & Seafood, Inc. v. W. I. M. Realty, Inc.Appellate Division of the Supreme Court of the State of New York · 1987
- Plant Planners, Inc. v. PollockNew York Court of Appeals · 1983
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3Cited by5 opinions
- In Re Riodizio, Inc.United States Bankruptcy Court, S.D. New York · 1997
- Golub Associates Inc. v. Lincoln-Shire Management, Inc.Appellate Division of the Supreme Court of the State of New York · 2003
- Anderson v. Somatogen, Inc.Colorado Court of Appeals · 1996
- Edwards v. Arrowgrass Capital Partners LLPAppellate Division of the Supreme Court of the State of New York · 2025
- Perry v. Vanteon Corp.District Court, W.D. New York · 2002