Gaia House Mezz LLC v. State Street Bank & Trust Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
RESTANI, Judge:
Appellee Gaia House Mezz LLC (“Gaia”) and State Street were bound by a mezzanine loan 1 agreement for the construction of a residential building in Manhattan. After a difference over monies owed, Gaia initiated this action, alleging principles of equity prevented State Street from demanding payment of approximately $4.5 million in interest and approximately $370,000 in attorney fees. Following a bench trial, the United States District Court for the Southern District of New York (Griesa, Judge) entered judgment in favor of Gaia on the interest and attorney fee issues and…
2Cases cited17 opinions
- Dalton v. Educational Testing ServiceNew York Court of Appeals · 1995
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- Nancy Kosakow v. New Rochelle Radiology Associates, P.C.Court of Appeals for the Second Circuit · 2001
- Diesel Props S.R.L. v. Greystone Business Credit II LLCCourt of Appeals for the Second Circuit · 2011
- Thyroff v. Nationwide Mutual Insurance CompanyCourt of Appeals for the Second Circuit · 2006
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