United States Ninth Circuit
STRATOSPHERE LITIG. LLC v. GRAND CASINOS, INC., 01-15947
In a contract dispute, one party's obligation to fund an escrow account (a concurrent condition) was discharged when the other party, charged with raising additional equity, filed for bankruptcy, and a third-party beneficiary's claims are subject to that defense.
Appellate Information
- Argued 05/14/2002
- Decided 08/13/2002
- Published 08/13/2002
Judges
- Before: SNEED, HUG, and BERZON, Circuit Judges.
Court
- United States Ninth Circuit
Counsel
- For Appellant:
- Jay Goldberg, New York, NY, for the plaintiff-appellant.
- For Appellees:
- Howard J.C. Nicols, Squire, Sanders & Dempsey L.L.P., Cleveland, OH, for the defendant-appellee.