In GSMC II 2006-GC6 Bridgewater Hills Corporate Center, LLC v. Lexington Realty Trust, Case No. 653117/2015, 2016 BL 378261 (N.Y. Sup. Ct. Nov. 2, 2016), Justice Jeffrey K. Oing of the Commercial Division denied a motion to...more
12/15/2016
/ Change of Control ,
Commercial Court ,
Condition Precedent ,
Default ,
Failure to Notify ,
Guaranteed Payments ,
Loans ,
Master Limited Partnerships ,
Mergers ,
Mortgages ,
Motion to Dismiss ,
Permitted Transfers ,
Strict Compliance
Justice Jeffrey K. Oing in the Commercial Division handed down a decision recently that discusses frustration of the occurrence of a condition precedent by parties to commercial contracts. Nesconset ZJ 1 v. Nesconset...more