Credit Suisse First Boston v. Utrecht-America Finance Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*580Order, Supreme Court, New York County (Eileen Bransten, J.), entered December 15, 2010, which, in this action for damages for defendant Utrecht-America Finance Co.’s (UAFC) termination of an agreement to sell $15 million of distressed debt, denied defendants’ motion for partial summary judgment dismissing the complaint to the extent plaintiff sought damages in excess of the difference between the contract price that plaintiff agreed to pay UAFC to purchase a portion of bank debt of a nonparty investment entity and the market value of that portion of debt at the time of the alleged breach,…
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