Kolton v. Dinetz

Motion for temporary injunction granted. Plaintiff and defendant were from 1954 to the end of 1956 partners in the business of repairing chipped porcelain, under the name of S & S Fixture Repair. Defendant admits the execution on November 13,1956 of an agreement with plaintiff dissolving the partnership, giving plaintiff the exclusive right to the firm name, providing for payment to defendant of $500 plus one half of outstanding receivables and giving defendant a share of the net proceeds should the business be sold within 10 years thereafter. By paragraph 5 of the agreement, defendant…