Home/New York Court of Appeals/Indovision Enterprizes, Inc. v. Cardinal Export Corp.

Indovision Enterprizes, Inc. v. Cardinal Export Corp.

331 N.E.2d 679, 36 N.Y.2d 811, 370 N.Y.S.2d 897, 1975 N.Y. LEXIS 1936
CourtNew York Court of Appeals
DecidedApril 30, 1975
StatusPublished
Cited by5 cases

This text of 331 N.E.2d 679 (Indovision Enterprizes, Inc. v. Cardinal Export Corp.) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Indovision Enterprizes, Inc. v. Cardinal Export Corp., 331 N.E.2d 679, 36 N.Y.2d 811, 370 N.Y.S.2d 897, 1975 N.Y. LEXIS 1936 (N.Y. 1975).

Opinions

Memorandum. Order affirmed with costs to abide the event on the opinion of Mr. Justice Aron Steuer at the Appellate Division, with the added comment that the provision in question is not a "commercial absurdity”. On one interpretation it could serve the useful purpose of terminating the entire agreement if for whatever reason the buyer failed to supply a letter of credit. This could make commercial sense, for example, if the "seller” had no scarcity of buyers. The division in the Appellate Division and in this court dramatically highlights Mr. Justice Steuer’s view that "the least that could be said is that the proper interpretation is one on which reasonable minds would differ”.

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Indovision Enterprizes, Inc. v. Cardinal Export Corp.
331 N.E.2d 679 (New York Court of Appeals, 1975)

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Bluebook (online)
331 N.E.2d 679, 36 N.Y.2d 811, 370 N.Y.S.2d 897, 1975 N.Y. LEXIS 1936, Counsel Stack Legal Research, https://law.counselstack.com/opinion/indovision-enterprizes-inc-v-cardinal-export-corp-ny-1975.