Shpack v. Baretti

This is a submission on an agreed state: ment of facts. It involves a suit by the plaintiff for a contingent payment, pursuant to an agreement executed by the parties relating to the discovery and recovery of certain assets of whose existence the defendant had no knowledge.

It is agreed that the value of the assets is $1,986. The contingent payment agreement provided that the plaintiff was to receive one third of the value of any assets recovered on behalf of the defendant. The defendant refused to pay the plaintiff the sum of $662 which represents one third of the value of the discovered…