New York Court of Appeals
Norcon Power Partners, L.P., Respondent v. Niagara Mohawk Power Corp., Appellant
December 1, 199892 N.Y.2d 458
Summary
The New York Court of Appeals answered a certified question affirmatively, holding that under New York law a party may demand adequate assurance of future performance when reasonable grounds exist, even if the other party is solvent and the contract is not governed by the UCC.