United States Second Circuit

In a suit for breach of contract, a nominal damages award of $1 is affirmed where, although defendant-bank breached its duty of good faith and fair dealing, plaintiffs failed to show that the bank's breach caused them to go out of business.

Appellate Information

• Decided 12/23/2004
• Published 12/23/2004

Judges

• MCLAUGHLIN, Circuit Judge., Before:  McLAUGHLIN, POOLER, and WESLEY, Circuit Judges.

Court

• United States Second Circuit

Counsel

• For Appellant:
  
• Gregory E. Galterio (Ira N. Glauber, Bradley A. Alperin, of counsel), Jaffe & Asher LLP, New York, N.Y., for Plaintiffs-Appellants.


• For Appellees:
  
• Robert I. Cantor, Cantor, Epstein & Degenshein, LLP, New York, N.Y., for Defendant-Appellee.