Hawley Fuel Coalmart, Inc., and Hawley Fuel Coal, Inc. v. Steag Handel Gmbh

OAKES, Circuit Judge:

This diversity case involves the question whether a combination of writings satisfied the New York statute of frauds. The United States District Court for the Southern District of New York, John E. Sprizzo, Judge, held that it did not and therefore set aside a jury verdict of $1,481,249.34 plus interest in favor of appellants Hawley Fuel Coalmart, Inc., and Hawley Fuel Coal, Inc. (jointly “Hawley”), in their suit against appellee, Steag Handel GmbH (“Steag”), for breach of a contract of guarantee. 614 F.Supp. 361 (S.D.N.Y.1985). We reverse and direct entry of judgment on…