Legal Opinion
ERC 16W Ltd. Partnership v. Xanadu Mezz Holdings LLC
Appellate Division of the Supreme Court of the State of New York
Decided November 10, 2015No. 16089 600870/09PublishedCited by 6 opinions
1Opinion of the Court
Order, Supreme Court, New York County (Marcy S. Friedman, J.), entered January 15, 2015, which granted defendants’ motion to dismiss plaintiff’s claim for consequential damages, unanimously affirmed, with costs.
Plaintiff seeks consequential damages, representing the amount of plaintiff’s lost equity investment in a development project, arising out of defendant Xanadu Mezz Holdings LLC’s (XMH) alleged breach of a loan agreement. The court correctly dismissed plaintiff’s claim for consequential damages, because “the provisions in the [loan agreement] providing remedy for a default do not…
2Cases cited5 opinions
- Kenford Co. v. County of ErieNew York Court of Appeals · 1986
- Bi-Economy Market, Inc. v. Harleysville InsuranceNew York Court of Appeals · 2008
- Kenford Co. v. County of ErieNew York Court of Appeals · 1989
- Joan Hansen & Co. v. Everlast World's Boxing Headquarters Corp.Appellate Division of the Supreme Court of the State of New York · 2002
- ERC 16W Ltd. Partnership v. Xanadu Mezz Holdings LLCAppellate Division of the Supreme Court of the State of New York · 2012
3Cited by6 opinions
- In re Lehman Bros. Holdings Inc.United States Bankruptcy Court, S.D. New York · 2019
- ABN AMRO Capital USA LLC v. AMERRA Capital Mgt., LLCAppellate Division of the Supreme Court of the State of New York · 2022
- ABN AMRO Capital USA LLC v. AMERRA Capital Mgt., LLCAppellate Division of the Supreme Court of the State of New York · 2022
- Busrel Inc. v. DottonDistrict Court, W.D. New York · 2023
- Busrel Inc. v. DottonDistrict Court, W.D. New York · 2021
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