Legal Opinion
Kolmer-Marcus, Inc. v. Winer
Appellate Division of the Supreme Court of the State of New York
Decided June 19, 1969PublishedCited by 8 opinions
1Opinion of the Court
Memorandum. Order entered January 24, 1969 pursuant to CPLR 7503 (subd. [a]), directing arbitration, is affirmed, with $30 costs and disbursements. Special Term has correctly construed the option agreement dated December 31, 1954 entered into between defendant-respondent’s testator and the plaintiff. That agreement established the purchase price of $120,000 *764only until November, 1955. Thereafter the purchase price was to be fixed annually each November by mutual agreement in writing and if the parties failed to agree, the price was to be fixed by arbitrators. The price-fixing procedures were…
2Cases cited3 opinions
- Rentways, Inc. v. O'Neill Milk & Cream Co.New York Court of Appeals · 1955
- Matter of Buccini v. Paterno Const. Co.New York Court of Appeals · 1930
- Dunning v. DunningNew York Court of Appeals · 1950
3Cited by8 opinions
- Minich v. Gem State Developers, Inc.Idaho Supreme Court · 1979
- Micha v. Merchants Mutual InsuranceAppellate Division of the Supreme Court of the State of New York · 1983
- First National Bank v. G. F. Clear, Inc.Appellate Division of the Supreme Court of the State of New York · 1983
- In re the Arbitration between LaneAppellate Division of the Supreme Court of the State of New York · 1979
- Travelers Indemnity Co. v. LLJV Development Corp.Appellate Division of the Supreme Court of the State of New York · 1996
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