Chariot Group, Inc. v. American Acquisition Partners, L.P.
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
STANTON, District Judge.
Each side moves for summary judgment in its favor on the issue of whether a contract had been made when negotiations regarding the sale of a corporation fell apart.
•BACKGROUND
In mid-1988 plaintiff, The Chariot Group, Inc. (“Chariot”), decided to sell one of its wholly owned subsidiaries, Energy Saving Products, Inc. (“ESP”), by an auction. Chariot retained as its agent Citicorp Mergers and Acquisitions (“Citicorp”), who sent defendant American Acquisition Partners (“AAP”) a confidential offering memorandum and a letter dated July 25, 1988, prescribing…
2Cases cited16 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- R.G. Group, Inc., and R.G. Restaurant Associates v. The Horn & Hardart Company, and Bojangles' of America, Inc.Court of Appeals for the Second Circuit · 1984
- Mary Ellen Winston v. Mediafare Entertainment Corporation, Gallavants, Inc., and Ralph SmithCourt of Appeals for the Second Circuit · 1986
- Chemical Bank v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1984
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3Cited by7 opinions
- Production Resource Group, L.L.C. v. Stonebridge Partners Equity Fund, L.P.District Court, S.D. New York · 1998
- American Family Mutual Insurance v. ZavalaDistrict Court, D. Arizona · 2003
- The Chariot Group v. Am Acquisition LpCourt of Appeals for the Second Circuit · 1991
- Bennett v. BennettNorth Carolina Business Court · 2022
- Bennett v. BennettNorth Carolina Business Court · 2020
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