Lightstone Re LLC v. Zinntex LLC

2022 N.Y. Misc. LEXIS 78441 (2022)

Free access to 20,000 Casebriefs

Facts

On April 13, 2020, the parties entered into an agreement whereby P agreed to purchase personal protective equipment from Ds. The next day, they entered into another agreement whereby P would purchase personal protective equipment from the Ds. P wired $2,085,000 pursuant to the agreements. P's complaint alleges that Ds failed to deliver the equipment as outlined in the agreements. On May 6, 2020, P notified Ds they were canceling the contract and sought a refund. On June 25, 2020, the parties entered into an agreement whereby Ds agreed to return $1.475,000 of the funds to the P. The agreement was in the form of text messages sent between the parties. Pursuant to the agreement, D was required to make four installments of $368,750 to satisfy the return of the total amount owed. The payments were all due by September 25, 2020. P received $475,000 pursuant to that agreement. P asserts they are still owed one million dollars. P seeks summary judgement arguing the text Messages between the parties created a duly binding executory accord pursuant to General Obligations Law §15-501(3) for which D has no defense.

Nature Of The Case

This section contains the nature of the case and procedural background.

Issues

The legal issues presented in this case will be displayed here.

Rule Of Law

The applicable rule of law for this case will be displayed here.

Holding & Decision

The court's holding and decision will be displayed here.

Legal Analysis

Legal analysis from Dean's Law Dictionary will be displayed here.

© 2007-2026 ABN Study Partner

© 2026 Casebriefsco.com. All Rights Reserved.