Radosta v. Garon

LEMMON, Judge.

Defendants have appealed from a partial summary judgment which declared invalid a contract they had executed with plaintiff and prohibited them from acting as trustees under the contract.1 The issue on appeal is the validity of the contract.

I

Prior to the execution of the contract at issue, plaintiff was the owner of 50% of the shares of stock in Pascal-Manale, Inc., and defendants Garon and Carimi were the attorney and accountant respectively for the corporation. Plaintiff had contracted to purchase the other 50% of the stock from her sister for the price of $450,000.00, but had…