Legal Opinion
Corporate Property Associates 6 v. Hallwood Group Inc.
Court of Chancery of Delaware
Decided February 25, 2002No. C.A. 15661-NCPublishedCited by 7 opinions
1Opinion of the Court
OPINION
JACOBS, Vice Chancellor.
The dispute in this action concerns the validity of an August 21, 1996 Letter Agreement between the plaintiffs, Corporate Property Associates 6 and Corporate Property Associates 7 (together “CPA”), and the defendant, the Hailwood Group Incorporated (“Hailwood”). Under that Agreement, Hailwood prepaid the principal owed on a $500,000 note made payable to CPA in exchange for a release of all claims, including CPA’s claim for a $500,000 participatory interest in certain Hailwood partnership units that collateral-ized the note.
In 1997, CPA filed this action for a…
2Cases cited14 opinions
- Merrill v. Crothall-American, Inc.Supreme Court of Delaware · 1992
- E.I. DuPont De Nemours & Co. v. PressmanSupreme Court of Delaware · 1996
- Continental Insurance v. Rutledge & Co.Court of Chancery of Delaware · 2000
- Gilbert v. El Paso Co.Court of Chancery of Delaware · 1984
- Katz v. Oak Industries Inc.Court of Chancery of Delaware · 2008
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3Cited by7 opinions
- Berry v. Federal Kemper Life Assur. Co.New Mexico Court of Appeals · 2004
- Horizon Holdings v. Genmar Holdings, IncCourt of Appeals for the Tenth Circuit · 2004
- Horizon Holdings, L.L.C. v. Genmar Holdings, Inc.District Court, D. Kansas · 2002
- Horizon Holdings, LLC v. Genmar Holdings, Inc.District Court, D. Kansas · 2003
- PR Acquisitions, LLC v. Midland Funding LLC and Operating Partners Co., LLCCourt of Chancery of Delaware · 2018
2 more not listed; retrieve them via the Exa API.