Weston Funding Corp. v. Lafayette Towers, Inc.

ROBERT L. CARTER, District Judge.

OPINION

Defendants have moved, pursuant to Rule 56, F.R.Civ.P., for summary judgment on the grounds of res judicata. For the reasons set out below, the motion is granted.

Prior Proceedings

This is an action for brokerage commissions brought by plaintiff Weston Funding Corp. (“Weston”), a New York corporation, against defendants Lafayette Towers, Inc. (“Lafayette”), a New Jersey corporation, and George C. Peck, Lafayette’s sole shareholder, a New Jer sey resident. On November 1, 1973, the plaintiff corporation and the defendants entered into an agreement whereby…