Varo, Inc. v. Alvis PLC

Judgment, Supreme Court, New York County (Beatrice Shainswit, J.), entered September 4, 1997, which dismissed the complaint (Index No. 605928/96), unanimously affirmed, without costs.

These separate actions, which were never consolidated below, arise from certain provisions of a stock purchase agreement pursuant to which plaintiff IMO Industries, a Delaware corporation, purchased a company known as Optic-Electronics Corp. (OEC) from defendant Alvis PLC, a UK based company, which at the time of the agreement was known as United Scientific Holdings (USH), and United Scientific Inc. (USI), its…