Legal Opinion
Crescent Oil and Shipping Services, Ltd. v. Phibro Energy, Inc., and Salomon Inc.
Court of Appeals for the Second Circuit
Decided February 28, 1991No. 653, Docket 90-7694PublishedCited by 13 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
Plaintiff, Crescent Oil and Shipping Services, Ltd. appeals from the July 9, 1990 order of the Southern District of New York, Lowe, Judge, granting summary judgment to defendants, Phibro Energy, Inc., and its parent corporation, Salomon Inc., and denying Crescent’s cross-motion for summary judgment. We affirm.
This case arises out of the interpretation of the pricing terms of a contract for the sale of oil. The material facts are undisputed. In November 1987, Crescent contacted First National Crude Oil Brokers to assist Crescent in the sale of Malongo crude oil from…
2Cases cited4 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Intercontinental Planning, Ltd. v. Daystrom Inc.New York Court of Appeals · 1969
- J. Zeevi & Sons, Ltd. v. Grindlays BankNew York Court of Appeals · 1975
- Fairfield Lease Corp. v. Eastern Sportswear Co.Connecticut Appellate Court · 1970
3Cited by13 opinions
- Independent Energy Corp. v. Trigen Energy Corp.District Court, S.D. New York · 1996
- Tischmann v. ITT/Sheraton Corp.District Court, S.D. New York · 1995
- Frishberg v. Esprit De Corp., Inc.District Court, S.D. New York · 1991
- Algie v. RCA Global Communications, Inc.District Court, S.D. New York · 1994
- United States v. American Society of Composers, Authors & PublishersDistrict Court, S.D. New York · 1991
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