Chimart Associates v. Paul
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Kaye, J.
Where a written agreement between sophisticated, counseled businessmen is unambiguous on its face, one party cannot defeat summary judgment by a conclusory assertion that, owing to mutual mistake or fraud, the writing did not express his own understanding of the oral agreement reached during negotiations.
The facts are largely uncontested. Defendant, David L. Paul, a businessman and financier, was president of AmMart, one of two general partnerships that collectively owned 666 Associates, an Illinois limited partnership whose sole business was the ownership and…
2Cases cited11 opinions
- Teitelbaum Holdings, Ltd. v. GoldNew York Court of Appeals · 1979
- Citibank, N. A. v. PlapingerNew York Court of Appeals · 1985
- George Backer Management Corp. v. Acme Quilting Co.New York Court of Appeals · 1978
- Barash v. PA. TERM. REAL ESTATE CORP.New York Court of Appeals · 1970
- Welles v. . YatesNew York Court of Appeals · 1871
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3Cited by520 opinions
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- Wallace v. 600 Partners Co.New York Court of Appeals · 1995
- Rainbow v. SwisherNew York Court of Appeals · 1988
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