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Credit Suisse Securities (USA) LLC v. Ask Jeeves, Inc.

Appellate Division of the Supreme Court of New York, First Department
Mar 30, 2010
71 A.D.3d 590 (N.Y. App. Div. 2010)

Opinion

No. 2451.

March 30, 2010.

Order, Supreme Court, New York County (Eileen Bransten, J.), entered August 21, 2009, which denied defendant's motion for summary judgment, unanimously affirmed, with costs.

Friedman Kaplan Seiler Adelman LLP, New York (Eric Seiler of counsel), for appellant.

Shearman Sterling LLP, New York (Richard F. Schwed of counsel), for respondent.

Before: Saxe, J.P., Catterson, Freedman and Román, JJ.


The agreement between the parties was ambiguous, with each side offering its own reasonable interpretation ( see LoFrisco v Winston Strawn LLP, 42 AD3d 304, 307; Lands Eyewear Corp. v Luxottica Group, 294 AD2d 127, 128). Furthermore, the extrinsic evidence presented does not resolve the ambiguity or determine the parties' intent at the time they entered the agreement ( see NFL Enters. LLC v Comcast Cable Communications, LLC, 51 AD3d 52). On the contrary, each party offered evidence supporting its own interpretation, leaving the matter inappropriate for summary disposition ( LoFrisco, 42 AD3d at 307).

[Prior Case History: 24 Misc 3d 1241 (A), 2009 NY Slip Op 51839(U).]


Summaries of

Credit Suisse Securities (USA) LLC v. Ask Jeeves, Inc.

Appellate Division of the Supreme Court of New York, First Department
Mar 30, 2010
71 A.D.3d 590 (N.Y. App. Div. 2010)
Case details for

Credit Suisse Securities (USA) LLC v. Ask Jeeves, Inc.

Case Details

Full title:CREDIT SUISSE SECURITIES (USA) LLC, Formerly Known as CREDIT SUISSE FIRST…

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

Date published: Mar 30, 2010

Citations

71 A.D.3d 590 (N.Y. App. Div. 2010)
2010 N.Y. Slip Op. 2651
896 N.Y.S.2d 867

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