Shupnick v. Pershing Auto Leasing, Inc.

Lawrence Shupnick, appellant, here appeals a summary judgment entered for ap-pellee in a breach of contract action.

In 1967, Shupnick entered into an agreement with Pershing Auto Leasing (Pershing). This agreement provided that Pershing supply Shupnick with two new fully insured and serviced Cadillacs per year for his use during the term of the agreement.

Thereafter Pershing became a wholly owned subsidiary of Pershing Industries, Inc., which entered into an agreement on May 14, 1969 with Shupnick. At that time Shupnick signed a release with respect to the 1967 agreement in consideration of…