Shain Investment Co., Inc. v. Cohen
Massachusetts Appeals Court
1Opinion of the CourtGreaney, J.
The defendant, Cohen, appeals from a judgment entered in the Superior Court pursuant to Mass.R. Civ.P. 56(a), 365 Mass. 824 (1974), which found him liable for breach of contract and assessed damages in the amount of $124,952.56.
By an agreement dated July 25, 1969, the plaintiffs Shain Investment Company, Inc. (SI), and its principals, Jack and Louis I. Shain (Shains), acquired a one-tenth interest in (i) Investment Funds, Inc. (IFI), (ii) the net earnings of Roberts & Co. (Roberts) (owned by IFI’s principal shareholder, Harold J. Moffie), and (iii) certain stock of Medical Services Corp. of…
2Cases cited19 opinions
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