National Union Fire Insurance v. Allen
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Mazzarelli, J.
In July 1985, defendants Arthur and Linda Allen (Allens) and defendant James Pope (Pope) (collectively Investors), purchased one-unit interests in a Massachusetts limited partnership known as Hamilton Hotel Partners (Hamilton). A private placement memorandum (PPM) fixed the purchase price at $50,000 per unit, with $12,500 to be paid in cash at the time of purchase, and the remaining $37,500 by way of a promissory note requiring three annual payments of $12,500. The note provided that interest would be payable: "[I]n accordance with the obligations of the…
2Cases cited8 opinions
- Rudman v. Cowles Communications, Inc.New York Court of Appeals · 1972
- First International Bank of Israel, Ltd. v. L. Blankstein & Son, Inc.New York Court of Appeals · 1983
- National Union Fire Insurance v. WilliamsAppellate Division of the Supreme Court of the State of New York · 1996
- DH Cattle Holdings Co. v. SmithAppellate Division of the Supreme Court of the State of New York · 1994
- A.I. Trade Finance, Inc. v. Laminaciones De Lesaca, S.A. And Altos Hornos De Vizcaya, S.A.Court of Appeals for the Second Circuit · 1994
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3Cited by13 opinions
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- Firmes v. Chase Manhattan Automotive Finance Corp.Appellate Division of the Supreme Court of the State of New York · 2008
- Shea v. Hambros PLCAppellate Division of the Supreme Court of the State of New York · 1998
- National Union Fire Insurance Co. of Pittsburgh v. Robert Christopher AssociatesAppellate Division of the Supreme Court of the State of New York · 1999
8 more not listed; retrieve them via the Exa API.