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(Download) "Sabo v. Candero" by Rockland County New York Supreme Court # eBook PDF Kindle ePub Free

Sabo v. Candero

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eBook details

  • Title: Sabo v. Candero
  • Author : Rockland County New York Supreme Court
  • Release Date : January 31, 2005
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 57 KB

Description

The parties entered into a Stock Purchase Agreement (Agreement) dated July 16, 1998 which requires that any action brought to enforce the provisions of the Agreement be brought in New York County Supreme Court. Plaintiff commenced this action in New York County Supreme Court seeking damages for, among other things, breach of the Agreement. In his answer to the complaint (and in answer to the amended complaint) Defendant, Alberto Candero (Candero), asserted a counterclaim alleging that plaintiff breached the Agreement. By Decision and Order dated January 29, 2003, New York County Supreme Court [Kornreich, JSC], denied plaintiffs summary judgment motion and Canderos cross motion for summary judgment. By an order dated February 13, 2003, Justice Kornreich granted Canderos motion to dismiss and granted plaintiff permission to refile the action as a shareholder derivative action. Thereafter, by Decision and Order dated May 9, 2003, Justice Kornreich vacated her Order of February 13, 2003 and granted plaintiffs application to serve an amended complaint asserting his claims in the form of a shareholders derivative action.


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