Metz v. Coopers & Lybrand
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCasey, J.
Appeal from an order of the Supreme Court (Keegan, J.), entered January 31, 1994 in Albany County, which, inter alia, granted defendant Joel L. Lindy’s motion for summary judgment dismissing the complaint against him.
Plaintiffs acquired the stock of Betuna Corporation, a closely held corporation with two subsidiaries, pursuant to a contract which provided for adjustments to the purchase price based upon net increases in the corporations’ liabilities. Shortly after the closing, plaintiffs obtained a preliminary accounting report which found in excess of $250,000 in net adjustments. Plaintiffs…
2Cases cited7 opinions
- Zuckerman v. City of New YorkNew York Court of Appeals · 1980
- Guggenheimer v. GinzburgNew York Court of Appeals · 1977
- Rovello v. Orofino Realty Co.New York Court of Appeals · 1976
- Mihlovan v. GrozavuNew York Court of Appeals · 1988
- NA KERSON CO., INC. v. ShayneNew York Court of Appeals · 1978
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- Capital Wireless Corp. v. Deloitte & ToucheAppellate Division of the Supreme Court of the State of New York · 1995
- Levine v. Lacher & Lovell-TaylorAppellate Division of the Supreme Court of the State of New York · 1998
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