Legal Opinion
Schron v. Troutman Sanders LLP
New York Court of Appeals
Decided February 14, 2013PublishedCited by 144 opinions
1Opinion of the Court
OPINION OF THE COURT
Graffeo, J.
In this case, we conclude that the option contract at issue is valid and enforceable and that the optionor may not introduce parol evidence to import a separate obligation as consideration for the agreement. We therefore affirm the order of the Appellate Division.
Leonard Grunstein and Murray Forman manage and indirectly own plaintiff SVCare Holdings LLC (SVCare), which operates nursing homes through a subsidiary. Rubin Schron, a real *433estate investor, controls a number of entities, including defendant Cammeby’s Equity Holdings LLC (Cam Equity).1 For years,…
2Cases cited10 opinions
- Hearst Corp. v. ClyneNew York Court of Appeals · 1980
- Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
- Primex International Corp. v. Wal-Mart Stores, Inc.New York Court of Appeals · 1997
- Braten v. Bankers Trust Co.New York Court of Appeals · 1983
- People v. FriolaNew York Court of Appeals · 1962
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3Cited by144 opinions
- E.M. v. New York City Department of EducationCourt of Appeals for the Second Circuit · 2014
- Security Plans, Inc. v. Cuna Mutual Insurance SocietyCourt of Appeals for the Second Circuit · 2014
- Luitpold Pharmaceuticals, Inc. v. Ed. Geistlich Söhne A.G. Für Chemische IndustrieCourt of Appeals for the Second Circuit · 2015
- Phillip v. Marsh-MonsantoSupreme Court of The Virgin Islands · 2017
- Huawei Techs., Co. v. Samsung Elecs. Co.District Court, N.D. California · 2018
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