Stambovsky v. Cohen

Stambovsky and Cohen had been partners. They terminated the partnership by a dissolution agreement. Cohen later sued in chancery charging fraud and seeking a rescission of the agreement. Chancery found fraud but dismissed the bill on the ground of laches. Cohen then sued at law in a deceit action for damages, whereupon Stambovsky filed the present bill and was granted, on the ground of res adjudicata, a decree of permanent restraint against the law action. Cohen appeals. A more detailed statement follows.

Stambovsky and Cohen were partners in the drug business. One of the assets of the…