No Summary Judgment in Dispute Over Remediation of $23.5 Million Building

MINEOLA, N.Y. - A sales agreement obligating Northrup Grumman Corp. to abate asbestos in a building it was selling for $23.5 million is ambiguous on the issue of who is to pay to remediate mold that occurred because of the abatement process, a New York court ruled on Jan. 9 in denying summary judgment. CSC Holdings Inc., et al. v. Northrup Grumman Corp., No. 019860/2002 (N.Y. Sup., Nassau Cty.).

CSC Holdings Inc., formerly known as Cablevision Systems Corp. sued Northrup Grumman Corp. in 2002 in New York Supreme Court for Nassau County for breach of contract after the parties could …