Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Law & Ethics Expert

Problem: Castillo v. Tyson 701 N.Y.S. 2D 423 (N.Y. S.Ct. App. Div. 2000)

Judge Ramos

Plaintiffs claim that they were entitled to view a "legitimate heavyweight title fight" fought "in accordance with the applicable rules and regulations" of the governing boxing commission-that is, a fight that was to end either in an actual or technical knockout or by decision of the judges after 12 rounds-and that they are entitled to their money back because the fight ended in a disqualification. Many legal theories are invoked in support of this claim-breach of contract, breach of implied covenant of good faith and fair dealing, unjust enrichment, breach of express and implied warranties, tortious interference with contractual relations, "wantonness," fraud, negligent representation-none of which have merit. Plaintiffs are not in contractual privity with any of the defendants, and their claim that they are thirdparty beneficiaries of one or more of the contracts that defendants entered into among themselves was aptly rejected by the motion court as "contrived." Nothing in these contracts can be understood as promising a fight that did not end in a disqualification. The rules of the governing commission provide for disqualification, and it is a possibility that a fight fan can reasonably expect. Plaintiffs could not reasonably rule out such a possibility by the boxer's and promoters' public statements predicting a "sensational victory" and "the biggest fight of all time," and assuming other representations were made promising or implying a "legitimate fight," there can be no breach of warranty claim absent privity of contract between plaintiffs and defendants and also because defendants provided only a service. Nor is a claim of fraud supported by plaintiffs' allegations that the boxer's former trainer predicted that the boxer would get himself disqualified if he failed to achieve an early knockout and that the boxer came out without his mouthpiece in the beginning of the round that he was disqualified. Plaintiffs' claim for unjust enrichment was properly dismissed by the motion court on the ground that plaintiffs received what they paid for, namely, "the right to view whatever event transpired." We have considered plaintiffs' other arguments . . . and find them unpersuasive. Affirmed.

Questions

1. Why did the court reject the plaintiffs' breach of contract claim?

2. What is unjust enrichment, and why was that claim denied by the court?

3. Defects discovered in the Michelin tires to be used by 14 of the 20 teams in a Formula One race at the Indianapolis Speedway caused those teams to withdraw prior to the start, leaving only six cars running in the race. The race was completed, but fans sued for breach of contract claiming the race was not what they had purchased tickets to see and that the race advertising had indicated that 20 cars would be racing. Decide the case. Explain. See Bowers v. Federation Internationale de L'Automobile, 489 F.3d 316 (7th Cir. 2007).

4. Pelullo promoted boxers and boxing matches through his company, Banner Productions. In 1999 Echols signed an agreement with Banner giving Echols a $30,000 bonus and giving Banner "the sole and exclusive right to secure all professional boxing bouts" for Echols. Banner was to provide no fewer than three bouts per year, and Echols was to be paid not less than a specified minimum amount for each fight, but the payments could be lowered or the whole agreement canceled, at Banner's option, if Echols lost a fight. Echols lost a championship bout, and Banner said it would thereafter negotiate each purse on a bout-by-bout basis. Echols continued to fight for Banner, but various disputes over purses arose, and Echols sued. Among other claims, Echols argued that the agreement was unenforceable for indefiniteness. Decide that claim. Explain. See Echols v. Pelullo, 377 F.3d 272 (3d Cir. 2004).

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M92753465

Have any Question?


Related Questions in Business Law & Ethics

Assessment taskassignment questiondiscussi the main ways

Assessment Task Assignment question: Discuss: i. the main ways that a company may source finance; and ii. the benefits and costs associated with the main sources of corporate finance. Guidance - Students are to read text ...

Australian commercial and corporations law assignment -this

Australian Commercial and Corporations Law Assignment - This assignment deals with critical problem solving skills. This assessment tests course objectives addressing: Knowledge of relevant law, Application of the law to ...

Australian commercial law assessment - part a 300 words -in

AUSTRALIAN COMMERCIAL LAW ASSESSMENT - PART A (300 words) - In using the resources of the early Modules, your tribe discussed and developed a constitution. In the new constitution assume that there are rules protecting a ...

Corporations law - assignment questions -objectives -

CORPORATIONS LAW - ASSIGNMENT QUESTIONS - Objectives - Answer the following questions with reference to the relevant statute law and general common law principles operating in Australia concerning the consequences of the ...

Compare and contrast tort law and criminal law explain the

Compare and contrast tort law and criminal law. Explain the purpose of the law of torts in contract to the purposes of criminal law. Why are they different? Support your answer using specific examples from the textbook.

Introduction to business law assessment -case - garcia v

INTRODUCTION TO BUSINESS LAW ASSESSMENT - CASE - Garcia v NAB Introduction of relevant background of the issue, explanation and setting out the argument/theme, key issues and the structure that follows. Identification of ...

Assignment - advanced financial accounting1 classification

Assignment - Advanced Financial Accounting 1. 'Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not? 2. 'Classification of liabilities as ...

Group report1 this group assignment consists of 2 parts

GROUP REPORT 1. This group assignment consists of 2 parts. Part A is a case study on contract law, and Part B is a question involving Corporations Law. Both questions must be answered. 2. The total word limit for the gro ...

Property law for business assignment question -mrs betty

PROPERTY LAW FOR BUSINESS ASSIGNMENT QUESTION - Mrs Betty Joyce lives in an old, war-time vintage army shed in Baldivis. When she started to live in the shed, in the early 1960s, the whole area was a remote backwater. Si ...

Question 1it has been said that good corporate governance

Question 1 It has been said that good corporate governance is an important ingredient in corporate success and that regulators should encourage good corporate governance. Required Discuss how good corporate governance is ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As