Legal Opinion

Carlo Corp. v. Casino Magic of Louisiana, Corp.

District Court, S.D. Mississippi

Decided September 8, 1998No. 1:97-cv-00504Published

1Opinion of the Court

MEMORANDUM ORDER

DAN M. RUSSELL, Jr., District Judge.

This matter is before the Court on the Motion of the plaintiff, Carlo Corporation (“Carlo”), for Partial Summary Judgment (docket no.20) and on the Motion of the defendant, Casino Magic of Louisiana, Corp. (“Casino Magic”) for Summary Judgment (docket no.41).

Facts

On July 4, 1997, the parties entered into a buy-sell agreement concerning the purchase by Carlo of a vessel known as the Crescent City Queen from Casino Magic.

The buy-sell agreement provided, in pertinent parts:

PURCHASE PRICE

The purchase price for this Vessel shall be TWELVE MILLION…

2Cases cited7 opinions

  1. State Highway Com'n v. Patterson Enterprises Ltd.Mississippi Supreme Court · 1993
  2. Osborne v. BullinsMississippi Supreme Court · 1989
  3. Heritage Cablevision v. New Albany Elec. Power SystemMississippi Supreme Court · 1994
  4. Allstate Ins. Co. v. Chicago Ins. Co.Mississippi Supreme Court · 1996
  5. Robinson v. Martel Enterprises, Inc.Mississippi Supreme Court · 1976

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