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(DOWNLOAD) "Time Products v. Toy Biz" by United States Court of Appeals for the Second Circuit # eBook PDF Kindle ePub Free

Time Products v. Toy Biz

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eBook details

  • Title: Time Products v. Toy Biz
  • Author : United States Court of Appeals for the Second Circuit
  • Release Date : January 24, 1994
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 64 KB

Description

Defendants-counter-claimants Toy Biz, Inc., et al. (collectively "Toy Biz"), appeal from a final judgment entered in the United States District Court for the Southern District of New York following a bench trial before Robert P. Patterson, Jr., Judge, awarding plaintiff In Time Products, Ltd. ("In Time"), $138,876.47 in damages and $124,111.39 in attorneys fees, plus prejudgment interest, on In Times claim for breach of a settlement agreement requiring Toy Biz to, inter alia, purchase certain products from In Time. On appeal, Toy Biz argues principally (1) that the district court erred in rejecting its argument that it was excused from purchasing those products because they did not meet the proper standard of quality, and (2) that the award of $124,111.39 in attorneys fees was excessive. In Time cross-appeals from so much of the judgment as did not award it higher attorneys fees. For the reasons stated below, we affirm the district courts decision on the merits of the contract claim, but we conclude that the fee award was excessive.


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