Legal Opinion

Aroneck v. Atkin

Appellate Division of the Supreme Court of the State of New York

Decided November 9, 1982PublishedCited by 18 opinions

1Opinion of the Court

Judgment unanimously affirmed, with costs. Memorandum: In affirming we observe that the trial court properly computed plaintiffs’ damages for defendants’ breach of contract to purchase plaintiffs’ stock in Union Processing Corporation, an automobile shredding operation, by ascertaining the difference between the agreed price of the shares and the fair market value at the time of the breach in June, 1978 (see Rodriguez & Co. v MooreMcCormack Lines, 32 NY2d 425, 429; Orange & Rockland Utilities v New England Petroleum Corp., 60 AD2d 233). In fixing the market value of the *967shares in June, 1978,…

2Cases cited2 opinions

  1. J. M. Rodriguez & Co. v. Moore-McCormack Lines, Inc.New York Court of Appeals · 1973
  2. Orange & Rockland Utilities, Inc. v. New England Petroleum Corp.Appellate Division of the Supreme Court of the State of New York · 1977

3Cited by18 opinions

  1. Edward E. Lucente, Plaintiff-Appellee-Cross-Appellant v. International Business MacHines Corporation, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2002
  2. Oscar Gruss & Son, Inc., Plaintiff-Counter-Defendant-Appellee-Cross-Appellant v. Yossie Hollander, Defendant-Counter-Claimant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2003
  3. Sharma v. Skaarup Ship Management Corp.Court of Appeals for the Second Circuit · 1990
  4. Kaminsky v. HerrickAppellate Division of the Supreme Court of the State of New York · 2008
  5. Moreno-Godoy v. KartagenerCourt of Appeals for the Second Circuit · 2021

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