Gedula 26, LLC v. Lightstone Acquisitions III LLC, 213 A.D.3d 409 (2023)

Citation: Gedula 26, LLC v. Lightstone Acquisitions III LLC, 213 A.D.3d 409 (2023)
Parent Document: Gedula 26, LLC v. Lightstone Acquisitions III LLC, 213 A.D.3d 409 (2023)
Jurisdiction: New York (state)
Effective Date: 2023-02-02
Original Source: https://www.courtlistener.com/opinion/9372581/gedula-26-llc-v-lightstone-acqu... ↗

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Consonant with our determination on a previous appeal in this case relating to a motion to dismiss the original complaint (150 AD3d 583 [1st Dept 2017]), plaintiffs have raised a narrow question of fact on their breach of contract and repudiation claims as to whether defendants intended for the terms in the November 18, 2014 email to constitute a binding offer for plaintiffs' purchase of a 25% equity interest in the hotel business on the terms set forth in the email, which, plaintiffs assert, they accepted (see e.g. WPP Group USA v Interpublic Group of Cos., 228 AD2d 296, 297 [1st Dept 1996]; see also Rawald v Dormitory Auth. of the State of N.Y., 199 AD3d 477, 478 [1st Dept 2021]).

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