Enzon Pharmaceuticals, Inc. v. Nektar Therapeutics

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered February 5, 2016, which granted defendant’s motion to dismiss the complaint, unanimously reversed, on the law without costs, and the motion denied.

Dismissal of the complaint was not warranted in light of the ambiguity in the contract provisions at issue, as they are “susceptible of reasonable interpretations supportive of differing outcomes to the parties’ dispute” (Hambrecht & Quist Guar. Fin., LLC v El Coronado Holdings, LLC, 27 AD3d 204, 204 [1st Dept 2006]). Accordingly, the development of a full factual record as to…