Teachers Insurance & Annuity Ass'n of America v. Tribune Co.
District Court, S.D. New York
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
LEVAL, District Judge.
This action is brought by an institutional lender against a prospective borrower charging the borrower with breach of a commitment letter agreement for a 14-year $76 million loan yielding 15.25%. The exchange of letters constituting the commitment agreement stated that the borrower and lender had made a “binding agreement,” to borrow and to lend on the agreed terms, subject to the preparation and execution of final documents satisfactory to both sides and the approval of the borrower’s Board of Directors. Prior to the preparation of…
2Cases cited18 opinions
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- Mary Ellen Winston v. Mediafare Entertainment Corporation, Gallavants, Inc., and Ralph SmithCourt of Appeals for the Second Circuit · 1986
- Fed. Sec. L. Rep. P 99,667 Reprosystem, B v. and N. Norman Muller, and Cross-Appellants v. Scm Corporation, and Cross-AppelleeCourt of Appeals for the Second Circuit · 1984
- T. C. V'soske, S. T. V'soske, K. A. V'soske, George A. Spater and V'soske Shops, Inc. v. E. T. Barwick and E. T. Barwick Mills, Inc.Court of Appeals for the Second Circuit · 1969
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