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Ocap Acquisition Corp. v. Paco Pharmaceutical Services, Inc.

Appellate Division of the Supreme Court of New York, First Department
Nov 10, 1994
209 A.D.2d 232 (N.Y. App. Div. 1994)

Opinion

November 10, 1994

Appeal from the Supreme Court, New York County (Stephen Crane, J.).


We agree with the IAS Court that the parties' conflicting affidavits raised issues of fact, including the seller's willingness and the buyer's ability to close after March 16, 1992, the date after which the seller could withdraw if the closing had not yet occurred through no fault of its own but which was not fixed as a closing date, the degree to which the seller sought to impose additional terms after the agreement was executed, and the degree to which the parties cooperated in attempts to obtain necessary consents from the seller's landlords. It cannot be concluded from the failure to obtain such consents that the seller intentionally frustrated the occurrence of a condition precedent or otherwise engaged in the "type of conduct" that would warrant judgment as a matter of law (Buffardi v. Parillo, 168 A.D.2d 812, 814).

We have considered the parties' remaining arguments and find them to be without merit.

Concur — Rosenberger, J.P., Kupferman, Asch and Tom, JJ.


Summaries of

Ocap Acquisition Corp. v. Paco Pharmaceutical Services, Inc.

Appellate Division of the Supreme Court of New York, First Department
Nov 10, 1994
209 A.D.2d 232 (N.Y. App. Div. 1994)
Case details for

Ocap Acquisition Corp. v. Paco Pharmaceutical Services, Inc.

Case Details

Full title:OCAP ACQUISITION CORP., Appellant-Respondent, v. PACO PHARMACEUTICAL…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Nov 10, 1994

Citations

209 A.D.2d 232 (N.Y. App. Div. 1994)
618 N.Y.S.2d 296

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