1. Home
  2. Browse Decisions
  3. A.D.3d
  4. 160 A.D.3d
  5. 160 A.D.3d 451 (2018)
 

VENETO HOTEL & CASINO, S.A. v. GERMAN AMERICAN CAPITAL CORPORATION

651888/15 6199 6198.

160 A.D.3d 451 (2018)

75 N.Y.S.3d 4

2018 NY Slip Op 02414

Veneto Hotel & Casino, S.A., et al., Appellants, v. German American Capital Corporation, Respondent.

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

Decided April 5, 2018.

The breach of contract claim asserted by Veneto Hotel & Casino, S.A. based on defendant's alleged breach of section 3.1.7 (a) (v) of the parties' loan agreement was properly dismissed. A fair reading of the loan agreement and amendments reveals that defendant lender was not obligated to apply its security to fund borrower Veneto's expenses following an "Event of Default." Section 3.1.7 of the loan agreement required the Account Trustee to follow the directions defendant...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases