Fletcher v. Cobuzzi

OPINION

WEBER, Chief Judge.

This matter comes before the court on cross-motions for summary judgment on the question of liability. The parties have stipulated to uncontested facts as set forth herein.

This suit arises out of a contract for the sale of the Country Villa Restaurant on May 25, 1970, (Exhibit A) 1 between Sellers Cobuzzi and Country Villa, Inc. and Buyer Villa, Inc., a corporation of which plaintiff Fletcher was president. The sale included the land, buildings, good will, inventory, equipment, and the right to use the trade name “Country Villa, Inc.” The terms of the original…