Legal Opinion
LIN Broadcasting Corp. v. Metromedia, Inc.
New York Court of Appeals
Decided June 30, 1989PublishedCited by 60 opinions
1Opinion of the Court
OPINION OF THE COURT
Hancock, Jr., J.
We have held that a right of first refusal or preemptive right — as distinguished from an option — does not “give its holder the power to compel an unwilling owner to sell; it merely requires the owner, when and if he decides to sell, to offer the property first to the party holding the preemptive right so that he may meet a third-party offer or buy the property at some other price set by a previously stipulated method”. (Metropolitan Transp. Auth. v Bruken Realty Corp., 67 NY2d 156, 163.) In this appeal, the determinative question is one that our court has…
2Cases cited13 opinions
- United States v. American Telephone & Telegraph Co.District Court, District of Columbia · 1983
- Metropolitan Transportation Authority v. Bruken Realty Corp.New York Court of Appeals · 1986
- R. I. Realty Co. v. TerrellNew York Court of Appeals · 1930
- Henderson v. NitschkeCourt of Appeals of Texas · 1971
- Quigley v. CapolongoAppellate Division of the Supreme Court of the State of New York · 1976
8 more not listed; retrieve them via the Exa API.
3Cited by60 opinions
- Cipriano v. Glen Cove Lodge 1458New York Court of Appeals · 2003
- Wildenstein & Co. v. WallisNew York Court of Appeals · 1992
- Morrison v. PiperNew York Court of Appeals · 1990
- USA Cable v. World Wrestling Federation Entertainment, Inc.Supreme Court of Delaware · 2000
- Space Imaging Europe, Ltd. v. Space Imaging L.P.District Court, S.D. New York · 1999
55 more not listed; retrieve them via the Exa API.