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

Appellate Division of the Supreme Court of New York, Second Department
Oct 16, 1997
243 A.D.2d 327 (N.Y. App. Div. 1997)

Opinion

October 16, 1997

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


"On a nonjury trial, the decision of the fact-finding court should not be disturbed on appeal unless the court's conclusions could not have been reached under any fair interpretation of the evidence, especially when, as here, the findings of fact rest in large measure on considerations relating to the credibility of the witnesses." ( Matter of Atkin Castings v. Fabrikant Sons, 216 A.D.2d 111.) In this action for breach of contract and breach of the implied covenant of good faith and fair dealing, the court's factual determination in finding no fault on the part of defendants for termination of the Asset Purchase Agreement, and further finding that plaintiff had caused the failure of the transaction to close by not obtaining financing in a timely manner, was supported by the evidence. In view of the foregoing, we do not reach the question of damages.

Concur — Sullivan, J.P., Rosenberger, Rubin and Andrias, JJ.


Summaries of

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

Appellate Division of the Supreme Court of New York, Second Department
Oct 16, 1997
243 A.D.2d 327 (N.Y. App. Div. 1997)
Case details for

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

Case Details

Full title:OCAP ACQUISITION CORP., Appellant, v. PACO PHARMACEUTICAL SERVICES, INC.…

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

Date published: Oct 16, 1997

Citations

243 A.D.2d 327 (N.Y. App. Div. 1997)
664 N.Y.S.2d 525

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