Lazard Freres & Co. v. First National Bank of Maryland
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Judgment, Supreme Court, New York County (Charles Ramos, J.), *295entered November 9, 1998, dismissing the complaint, unanimously affirmed, with costs.
The trial court properly dismissed the causes of action sounding in breach of contract, since the parties never agreed on a residual fee payment, but at most had an unenforceable agreement to agree. Plaintiffs sent defendant numerous versions of a proposed residual fee agreement that were materially different and which were never signed and returned by defendant as plaintiffs requested defendant to do if it accepted (see, Martin Delicatessen v…
2Cases cited2 opinions
- Joseph Martin, Jr., Delicatessen, Inc. v. SchumacherNew York Court of Appeals · 1981
- Farash v. Sykes Datatronics, Inc.New York Court of Appeals · 1983
3Cited by3 opinions
- Place v. GinsburgAppellate Division of the Supreme Court of the State of New York · 2001
- Becher v. BecherNew York Supreme Court · 2000
- Wang Jia v. KangAppellate Division of the Supreme Court of the State of New York · 2018