Legal Opinion
Nakano v. Nakano McGlone Nightingale Advertising, Inc.
New York Supreme Court
Decided December 1, 1975PublishedCited by 15 opinions
1Opinion of the CourtArnold L. Fein, J.
Motion No. 95 of July 23, 1975 and Motion No. 105 of August 5, 1975 are consolidated for disposition.
Plaintiff George Nakano moves for an order pursuant to CPLR 3213, granting summary judgment in lieu of complaint to recover the sum of $44,000, with interest from July 10, 1974, upon a promissory note issued by the corporate defendant, an instrument for the payment of money only within the terms of the statute.
It appears that the corporation executed and delivered the promissory note to redeem and purchase plaintiff’s corporate stock following the alleged discharge of plaintiff from employment.
2Cases cited5 opinions
- Richards v. Ernst Wiener Co.New York Court of Appeals · 1912
- Cross v. BeguelinNew York Court of Appeals · 1929
- Cross v. BeguelinAppellate Division of the Supreme Court of the State of New York · 1929
- In re the Arbitration between Friedman & Video Television, Inc.Appellate Division of the Supreme Court of the State of New York · 1953
- Murphy v. George Murphy, Inc.New York Supreme Court · 1957
3Cited by15 opinions
- Kirschner Ex Rel. Refco Litigation Trust v. Agoglia (In Re Refco Inc.)United States Bankruptcy Court, S.D. New York · 2011
- In the Matter of Flying Mailmen Service, Inc., Bankrupt. Charles Gold v. Herbert K. Lippman, Trustee in Bankruptcy of Flying Mailmen Service, Inc.Court of Appeals for the Second Circuit · 1976
- Geltzer v. Mooney (In Re MacMenamin's Grill Ltd.)United States Bankruptcy Court, S.D. New York · 2011
- Thaler v. Estate of Arbore (In Re Poseidon Pool & Spa Recreational, Inc.)District Court, E.D. New York · 2010
- In Re JOBS.COM, INC.United States Bankruptcy Court, N.D. Texas · 2002
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