Phillips & Easton Supply Co. v. Eleanor International, Inc.

The opinion of the court was delivered by

Fromme, J.:

This action was brought for specific performance of a contract to purchase a commercial building and lease it back to the vendor under a long term lease arrangement and in the alternative for damages for breach of the contract. The case was tried to the court, specific performance was denied but a judgment for damages was entered in the amount of $62,040.00. The defendant appeals from that judgment.

Plaintiff Phillips and Easton Supply Co., Inc. (Phillips) owned the commercial building in question and conducted its business therefrom.…