Legal Opinion

Cron v. Hargro Fabrics, Inc.

New York Court of Appeals

Decided March 26, 1998PublishedCited by 241 opinions

1Opinion of the Court

OPINION OF THE COURT

Smith, J.

The primary issue presented is whether an alleged oral agreement to pay a bonus consisting of a percentage of a company’s annual pretax profits is within the Statute of Frauds and unenforceable unless in writing. We conclude that the possibility that the employee’s compensation must be calculated after the passage of a year does not, standing alone, bring the agreement within the one-year proscription of the Statute of Frauds. The order of the Appellate Division should be reversed.

As alleged in his complaint, plaintiff was employed by defendant corporation, a…

2Cases cited37 opinions

  1. Murphy v. American Home Products Corp.New York Court of Appeals · 1983
  2. Rovello v. Orofino Realty Co.New York Court of Appeals · 1976
  3. Weiner v. McGraw-Hill, Inc.New York Court of Appeals · 1982
  4. Sabetay v. Sterling Drug, Inc.New York Court of Appeals · 1987
  5. Arrington v. New York Times Co.New York Court of Appeals · 1982

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3Cited by241 opinions

  1. Guilbert v. GardnerCourt of Appeals for the Second Circuit · 2007
  2. Guilbert v. GardnerCourt of Appeals for the Second Circuit · 2007
  3. Messner Vetere Berger McNamee Schmetterer Euro RSCG Inc. v. Aegis Group PlcNew York Court of Appeals · 1999
  4. Kroshnyi v. U.S. Pack Courier Services, Inc.Court of Appeals for the Second Circuit · 2014
  5. P.T. Bank Central Asia v. ABN AMRO Bank N.V.Appellate Division of the Supreme Court of the State of New York · 2003

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