Legal Opinion

Lazard Freres & Co. v. First National Bank of Maryland

Appellate Division of the Supreme Court of the State of New York

Decided January 13, 2000PublishedCited by 3 opinions

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

  1. Joseph Martin, Jr., Delicatessen, Inc. v. SchumacherNew York Court of Appeals · 1981
  2. Farash v. Sykes Datatronics, Inc.New York Court of Appeals · 1983

3Cited by3 opinions

  1. Place v. GinsburgAppellate Division of the Supreme Court of the State of New York · 2001
  2. Becher v. BecherNew York Supreme Court · 2000
  3. Wang Jia v. KangAppellate Division of the Supreme Court of the State of New York · 2018

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