Legal Opinion

Atlantic City Racing Assoc. v. Sonic Financial Corp.

District Court, D. New Jersey

Decided February 22, 2000No. Civil 98-1227 (SSB)PublishedCited by 9 opinions

1Opinion of the Court

OPINION GRANTING DEPENDANTS SONIC FINANCIAL CORP. AND SPEEDWAY MOTORSPORTS, INC.’S MOTIONS FOR SUMMARY JUDGMENT

BROTMAN, District Judge.

Presently before the Court are motions by defendants Sonic Financial Corp. (“Sonic”) and Speedway Motorsports, Inc. (“Speedway”) for summary judgment pursuant to Fed.R.Civ.P. 56. For the reasons stated below, these motions will be granted.

I. FACTS AND PROCEDURAL BACKGROUND

This breach of contract action arises out of the termination of an agreement to purchase the Atlantic City Race Course. On November 13, 1997, Atlantic City Racing Association (“ACRA”) and…

2Cases cited18 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Alvaro Quiroga v. Hasbro, Inc. And Playskool Baby, IncCourt of Appeals for the Third Circuit · 1991
  5. Peter H. Bombard v. Fort Wayne Newspapers, IncorporatedCourt of Appeals for the Seventh Circuit · 1996

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3Cited by9 opinions

  1. Newborn Bros. v. Albion Engineering Co.District Court, D. New Jersey · 2014
  2. Thomas v. JPMorgan Chase & Co.District Court, S.D. New York · 2011
  3. Viking Yacht Co. v. Composites One LLCDistrict Court, D. New Jersey · 2007
  4. International Flavors & Fragrances Inc. v. McCormick & Co.District Court, D. New Jersey · 2008
  5. LITHUANIAN COMMERCE CORP. LTD. v. Sara Lee HosieryDistrict Court, D. New Jersey · 2002

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