Lewis v. Universal Tax Systems, Inc.

Judgment and order, Supreme Court, New York County, entered December 13, 1974 and December 20, 1974, respectively, after a nonjury trial, dismissing the complaint and awarding defendants judgment on their counterclaim unanimously affirmed, with $60 costs and disbursements of this appeal to respondent. Plaintiffs in this action had entered into a contract for the purchase of the defendant corporation, which was engaged in the preparation of income tax returns. The individual defendants were principals of the corporation. The agreement provided, inter alia, that the sellers would obtain an…