CBS Inc. v. Ziff-Davis Publishing Co.
New York Court of Appeals
1Opinion of the Court
*498OPINION OF THE COURT
Hancock, Jr., J.
A corporate buyer made a bid to purchase certain businesses based on financial information as to their profitability supplied by the seller. The bid was accepted and the parties entered into a binding bilateral contract for the sale which included, specifically, the seller’s express warranties as to the truthfulness of the previously supplied financial information. *499Thereafter, pursuant to the purchase agreement, the buyer conducted its own investigation which led it to believe that the warranted information was untrue. The seller dismissed as meritless the…
2Cases cited17 opinions
- Randy Knitwear, Inc. v. American Cyanamid Co.New York Court of Appeals · 1962
- Au v. AuHawaii Supreme Court · 1981
- Ainger v. Michigan General Corp.District Court, S.D. New York · 1979
- Friedman v. Medtronic, Inc.Appellate Division of the Supreme Court of the State of New York · 1973
- Groen v. Tri-O-Inc.Utah Supreme Court · 1983
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- Eagle Force Holdings, LLC v. CampbellSupreme Court of Delaware · 2018
- Frank A. Galli, Una G. Galli, John D. Yeager, Elizabeth M. Yeager v. James T. Metz, Jr., Kathleen M. MetzCourt of Appeals for the Second Circuit · 1992
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