From our private database of 35,400+ case briefs...
City of Yonkers v. Otis Elevator Co.
United States Court of Appeals for the Second Circuit
844 F.2d 42 (1988)
The City of Yonkers (plaintiff), with the Yonkers Community Development Agency, entered into several agreements with the Otis Elevator Company (defendant). The agreements required Yonkers to acquire land adjoining an existing manufacturing facility operated by Otis and transfer that land to Otis. In exchange, Otis agreed to expand and upgrade its manufacturing facility. Otis and Yonkers first entered into a letter of intent in 1972, which stated goals of retaining the Otis factory in Yonkers and upgrading the facility. The parties then entered into additional agreements, eventually transferring the land to Otis. None of the agreements required Otis to continue operating the factory for any set time. In 1976, the land had been transferred, and Otis had completed its obligations of upgrading the facility. Yonkers and Otis then entered into a termination agreement. By 1982, technology had advanced, and two out of the three mechanical components built in the factory had been replaced with electric components. Otis’s other factories were able to supply the third component. As a result, Otis determined there was no business justification for continuing to operate the Yonkers factory and closed it. Yonkers sued Otis, alleging a breach of contract and other claims. Yonkers alleged that Otis was obligated to stay in Yonkers for a reasonable time. The district court granted summary judgment to Otis, and Yonkers appealed.
Rule of Law
Holding and Reasoning (Mahoney, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 617,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 617,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 35,400 briefs, keyed to 984 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.