PMJ CAPITAL CORP. v. PAF CAPITAL, LLC

7907, 650047/11.

98 A.D.3d 429 (2012)

949 N.Y.S.2d 385

2012 NY Slip Op 5946

PMJ CAPITAL CORP., Appellant, v. PAF CAPITAL, LLC, Respondent.

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

Decided August 14, 2012.


Plaintiff commenced this breach of contract action in connection with its purchase of two mortgage loans from defendant, asserting causes of action for specific performance, damages and attorneys' fees. On December 15, 2010 plaintiff submitted a bid to purchase mortgage loans from defendant in the amount of $2,200,000. The bid form provided that the parties would have no contractual obligations with respect to the proposed purchase of the loans unless and until a loan sale...

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