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Hambrecht & Quist Guaranty Finance v. El Coronado Holdings

Appellate Division of the Supreme Court of New York, First Department
Mar 2, 2006
27 A.D.3d 204 (N.Y. App. Div. 2006)

Summary

affirming denial of motion to dismiss where contractual language deemed ambiguous

Summary of this case from 119 Spring LLC v. 119 Spring St. Co.

Opinion

7988.

March 2, 2006.

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered January 6, 2005, which denied defendants' motion to dismiss the complaint pursuant to CPLR 3211 (a) (7), unanimously affirmed, with costs.

Cadwalader, Wickersham Taft LLP, New York (Jason M. Halper of counsel), for appellants.

Mintz Levin Cohn Ferris Glovsky and Popeo, P.C., New York (Robert I. Bodian of counsel), for respondents.

Before: Buckley, P.J., Andrias, Saxe, Friedman and Williams, JJ., concur.


The contract provisions at issue are susceptible of reasonable interpretations supportive of differing outcomes to the parties' dispute. This being the case, extrinsic evidence is permitted to resolve the ambiguity and determine the intent of the parties at the time of the contract ( see Evans v. Famous Music Corp., 1 NY3d 452).


Summaries of

Hambrecht & Quist Guaranty Finance v. El Coronado Holdings

Appellate Division of the Supreme Court of New York, First Department
Mar 2, 2006
27 A.D.3d 204 (N.Y. App. Div. 2006)

affirming denial of motion to dismiss where contractual language deemed ambiguous

Summary of this case from 119 Spring LLC v. 119 Spring St. Co.
Case details for

Hambrecht & Quist Guaranty Finance v. El Coronado Holdings

Case Details

Full title:HAMBRECHT QUIST GUARANTY FINANCE, LLC, et al., Respondents, v. EL CORONADO…

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

Date published: Mar 2, 2006

Citations

27 A.D.3d 204 (N.Y. App. Div. 2006)
2006 N.Y. Slip Op. 1516
809 N.Y.S.2d 454

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