Walk-In Medical Centers, Inc. v. Breuer Capital Corp.
Court of Appeals for the Second Circuit
1Opinion of the Court
ALTIMARI, Circuit Judge:
In January 1984, appellant Breuer Capital Corp. (“Breuer”) executed a firm commitment underwriting agreement, in which Breuer contracted to make a public offering of appellee Walk-In Medical Center’s (“Walk-In”) stock. Shortly thereafter, Breuer unilaterally terminated the underwriting agreement, claiming that it was justified in doing so because of “adverse market conditions.” Following a four-day bench trial, Judge Miriam G. Cedarbaum held that Breuer had not been justified in breaching the underwriting agreement, and entered judgment for Walk-In in the amount of…
2Cases cited8 opinions
- Annette Heyman v. Commerce and Industry Insurance CompanyCourt of Appeals for the Second Circuit · 1975
- Sutton v. East River Savings BankNew York Court of Appeals · 1982
- Eskimo Pie Corporation v. Whitelawn Dairies, Inc.District Court, S.D. New York · 1968
- Surlak v. SurlakAppellate Division of the Supreme Court of the State of New York · 1983
- The Tokio Marine and Fire Insurance Company, Limited, Plaintiffs- Appellants-Cross-Appellees v. McDonnell Douglas Corporation, Defendant-Appellee-Cross-Appellant. McDonnell Douglas Corporation, and Third-Party Plaintiff- Appellee-Cross-Appellant v. Japan Air Lines Co., Ltd., Third-Party Defendant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1980
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- Ricardo Garza v. Marine Transport Lines, Inc., and Third-Party v. Norfolk Shipbuilding & Drydock Corporation, Third-PartyCourt of Appeals for the Second Circuit · 1988
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