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Extract to table / memo-of-law-partial-summary-judgment.docx
memo-of-law-partial-summary-judgment.docx
Parties
LOGISTICS SA
HARKNESS LLP
Aegean Fortuna Shipholding Ltd
Northwind Maritime Corp
Clearwater Economics LLC
Defendant Aegean Fortuna Shipholding Ltd
Plaintiff Northwind Maritime Corp
During Inc
Dates
September 20, 2024
December 3, 2020
May 10, 2024
December 31, 2022
January 15, 2021
January 14, 2024
April 2, 2022
March 12, 2022
July 29, 2022
July 8, 2022
Amounts
$4,500,000
$13,500,000
$16,166,000
$1,230,000
$9,000,000
$612
$98
$1.2
$14,750
$3,420,000
Obligations
LEGAL STANDARD FOR SUMMARY JUDGMENT A motion for summary judgment pursuant to CPLR § 3212 "shall be granted if, upon all the papers and proof submitted, the cause of action or defense shall be established sufficiently to warrant the court as a matter of law in directing judgment in favor of any party
Under well-settled New York law, "[a] written agreement that is complete, clear and unambiguous on its face must be enforced according to the plain meaning of its terms
Northwind will be required to respond to each numbered paragraph of that statement, and any fact not specifically controverted shall be deemed admitted
Where the language is "clear and unambiguous," the contract must "be enforced according to its terms" and the court "should look within the four corners of the document" to determine the parties' intent
The court must give effect to every word and every clause, avoiding an interpretation that renders any provision superfluous or meaningless
Fourth, the clause must be read in context of the liquidated damages formula that precedes the cap