Caesars Bahamas Investment Corp. v. Baha Mar Joint Venture Holdings Ltd.

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered February 11, 2010, which, inter alia, granted plaintiff’s and third-party defendant’s (herein collectively plaintiff) motion for summary judgment declaring that plaintiff validly exercised its right to terminate the subject subscription *420agreement, that the subscription agreement has been terminated, and that plaintiff has no obligation to consummate the transactions contemplated in the subscription agreement, unanimously affirmed, with costs.

By the express terms of the parties’ integrated joint venture agreements, plaintiff…