Legal Opinion
Wasserstrom v. Interstate Litho Corp.
Appellate Division of the Supreme Court of the State of New York
Decided November 18, 1985PublishedCited by 30 opinions
1Opinion of the Court
—In an action upon a promissory note, plaintiffs appeal from an order of the Supreme Court, Nassau County *953(Christ, J.), dated November 5, 1984, which denied their motion for summary judgment.
Order reversed, on the law, with costs, and motion granted.
Plaintiffs’ decedent, Louis Wasserstrom, was president and a shareholder of Sterlip Merrimac Printing Corp. (hereinafter Sterlip). On September 13, 1982, Sterlip sold substantially all of its assets to defendant for the sum of $425,000. On that same date, defendant executed and delivered to Sterlip a promissory note in the sum of $400,000 payable…
2Cases cited5 opinions
- Griggs v. . DayNew York Court of Appeals · 1892
- Bandman v. . FinnNew York Court of Appeals · 1906
- Federal Deposit Insurance v. HyerAppellate Division of the Supreme Court of the State of New York · 1979
- Town & Country Linoleum & Carpet Co. v. WelchAppellate Division of the Supreme Court of the State of New York · 1977
- Rollin v. Grand Store Fixture Co.Appellate Division of the Supreme Court of the State of New York · 1930
3Cited by30 opinions
- Ward v. TheLadders.com, Inc.District Court, S.D. New York · 2014
- Marcum, LLP v. SilvaAppellate Division of the Supreme Court of the State of New York · 2014
- Pro-Specialties, Inc. v. Thomas Funding Corp.Court of Appeals for the Second Circuit · 1987
- Callanan Industries, Inc. v. Micheli Contracting Corp.Appellate Division of the Supreme Court of the State of New York · 1986
- RUSO v. MorrisonDistrict Court, S.D. New York · 2010
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