Court Opinion

ID: 9447998
Source: CourtListenerOpinion
Date Created: 2023-08-03 23:19:49.881981+00
Date Added: 2024-06-11T17:31:15.106501
License: Public Domain

WATERMAN, Circuit Judge
(concurring and dissenting).
I would not only affirm the judgment of the district judge in favor of Frazier-Simplex, Inc. in Docket Number 26497 but I would also affirm his judgment in favor of Glass Production Methods, Inc. in Docket Number 26496. I am content with Judge Weinfeld’s discussion and disposition, D.C.S.D.N.Y.1960, 184 F.Supp. 51, 61-62. I am convinced that the proper interpretation of the February 16, 1955 letter agreements, without more, is the interpretation placed upon them by the district judge.
However, as the opinion of the court below points out, there was more. The February 16 letters terminated UNKRA’s contractual relationship with appellee as to Title I of the June 25, 1954 contract; and, as the court below states, UNKRA, with full knowledge of all the material facts bearing upon its claims of fraud and breach of warranty did *174not at that time reserve or assert any rights with respect thereto. Later in 1955, by its unilateral acts, UNKRA voluntarily terminated first Title IV, and then the remaining titles of the contract, Titles II, III and V, and on neither of these occasions did it reserve or assert the rights it now claims. I agree with the judge below that this constant course of conduct in 1955 is consistent with no other interpretation than the one he placed upon it — that of an intentional and purposeful relinquishment of the claims UNKRA now seeks to enforce in Docket Number 26496.