Seidman v. Dean Witter & Co.

— Order, Supreme Court, New York County, entered January 9, 1979, denying defendant’s motion to dismiss the complaint on the ground that it was barred by the Statute of Frauds, unanimously affirmed, with costs and disbursements. Plaintiff, an investment banker, sues to determine his rights under an alleged agreement whereby defendant was to pay him 20%, up to a maximum of $200,000, of the net management fees which it would receive from a group of corporations known as the Posner Companies for providing investment banking services. It is conceded that plaintiff introduced defendant to the…