context: Thus, Abele Tractor contractually waived the right to the remedy of rescission under New York law. Absent fraud, this contractual provision prevents rescission of the Agreement.
citation_a.signal: see also
citation_a.identifier: 144 N.Y. 34, 48
citation_a.parenthetical: party held to limit of recovery set forth in contract
citation_a.sentence: See Keywell Corp. v. Weinstein, 33 F.3d 159, 165 (2d Cir.1994); In re Hale Desk Co., 97 F.2d 372, 373 (2d Cir.1938); Teleflex Inc. v. Collins & Aikman Prod., Co., 961 F.Supp. 368, 371-73 (D.Conn.1996)(following New York law); Schine v. Schine, 254 F.Supp. 986, 988 (S.D.N.Y.)(waiver of fraud claim contrary to New York public policy but waiver of other causes of action permitted), appeal dismissed, 367 F.2d 685 (2d Cir.1966); see also McCready v. Lindenborn, 172 N.Y. 400, 409, 65 N.E. 208 (1902)(measure of damages set forth in contract is exclusive remedy); Thomson-Houston Elec. Co. v. Durant Land Imp. Co., 144 N.Y. 34, 48, 39 N.E. 7 (1894)(party held to limit of recovery set forth in contract). Accordingly, the Agreement stands and all of its provisions apply.
citation_b.signal: see
citation_b.parenthetical: waiver of fraud claim contrary to New York public policy but waiver of other causes of action permitted
citation_b.sentence: See Keywell Corp. v. Weinstein, 33 F.3d 159, 165 (2d Cir.1994); In re Hale Desk Co., 97 F.2d 372, 373 (2d Cir.1938); Teleflex Inc. v. Collins & Aikman Prod., Co., 961 F.Supp. 368, 371-73 (D.Conn.1996)(following New York law); Schine v. Schine, 254 F.Supp. 986, 988 (S.D.N.Y.)(waiver of fraud claim contrary to New York public policy but waiver of other causes of action permitted), appeal dismissed, 367 F.2d 685 (2d Cir.1966); see also McCready v. Lindenborn, 172 N.Y. 400, 409, 65 N.E. 208 (1902)(measure of damages set forth in contract is exclusive remedy); Thomson-Houston Elec. Co. v. Durant Land Imp. Co., 144 N.Y. 34, 48, 39 N.E. 7 (1894)(party held to limit of recovery set forth in contract). Accordingly, the Agreement stands and all of its provisions apply.