Tierno v. Puglisi
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtMugglin, J.
Appeals (1) from an order of the Supreme Court (Monserrate, J.), entered July 2, 1999 in Broome County, upon a decision of the court in favor of defendant Donald Puglisi in action No. 1, and (2) from a judgment of said court, entered July 28, 1999 in Broome County, upon a decision of the court in favor of defendant in action No. 2.
In 1992, Peter R. Tierno and Donald Puglisi purchased Ken Wilson Chevrolet. The parties agreed that Tierno would contribute $200,000 for a one-third ownership share and Puglisi would contribute $400,000 for a two-thirds ownership share. The balance of the purchase…
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