Kovens v. Paul
Case Number: 1:2004cv02238
Filed: March 19, 2004
Court: US District Court for the Southern District of New York
Office: Foley Square Office
Nature of Suit: Contract: Other
Cause of Action: 28 U.S.C. ยง 1332 Diversity-Breach of Contract
Jury Demanded By: Defendant

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Date Filed Document Text
March 4, 2009 Opinion or Order Filing 46 OPINION:# 97167 The damages in this case are calculated as the difference between the contract price and the fair market value of the shares at the time of breach. Because the only reliable indicator of the shares' value is the contract price, p laintiff's damages are zero. Defendant's motion to declare the contract illegal and unenforceable is denied. The parties directed to submit a proposed judgment reflecting the jury's verdict and this decision. (Signed by Judge Thomas P. Griesa on 3/2/2009) (jpo) Modified on 3/6/2009 (jab).
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