Leeds v. C. C. Chemical Corp.

The appellant Edward Leeds was one of the defendants below. The appellee C. C. Chemical Corporation, herein referred to as Chemical, filed an action against Edward Leeds, Michael Leeds, Rhea Leeds and Mercury Chemical Co., Inc., herein referred to as Mercury.

The amended complaint contained six counts. The first count alleged a written agreement between Mercury and Pollution Control Industries, Inc., herein referred to as PCI, for sale of the assets and business of the former to PCI, with provision for the transfer to be made to a corporation to be formed by PCI: that the corporation…