Sarubbi v. Rinaldo

Appeal (1) from an order of the Supreme Court at Special Term (Conway, J.), entered February 24, 1983 in Ulster County, which, inter alia, granted plaintiffs’ motion for summary judgment, and (2) from the judgment entered thereon. On March 13, 1979, the sale of a Florida business was consummated in Florida between plaintiffs as sellers and defendant and George Arold as buyers. At the time the parties were all Florida residents. The parties agree that the applicable substantive law of Florida is essentially the same as the law of New York. A closing statement memorializing the transaction…