Legal Opinion

Burk v. Wright

New York Supreme Court

Decided September 18, 1928Published

1Opinion of the CourtCrosby, J.

This is an action for an accounting of the profits made upon the purchase and sale of the assets of Conrad Green which had been assigned by Green to the Marine Bank of Buffalo for the benefit of creditors, and purchased from said assignee by the defendants, and afterwards sold by defendants, apparently at a profit. The plaintiffs claim a share of said profits by reason of a contract made by defendants with them, dated December 16, 1921. Defendants claim that there was no consideration to support their promise to divide profits with the plaintiffs, and, furthermore, that the contract upon…

2Cases cited2 opinions

  1. Hanover National Bank v. BlakeNew York Court of Appeals · 1894
  2. Klaw v. Famous Players-Lasky Corp.Appellate Division of the Supreme Court of the State of New York · 1923

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