Tramonte v. Palermo

^LUCIEN C. BERTRAND, Jr., Judge Pro Tem.

This dispute arises out of the sale of a vacuum truck business on April 30, 1986. The seller, Tramonte, Inc., transferred certain accounts as well as the exclusive right to use the name “Bayou Mr. Rooter” and/or “Mr. Rooter” to Palermo Brothers, Inc. Under the terms of the contract, the buyer agreed to compensate the seller the sum of $280,000, payable in 11 installments over six years. The contract also contained a non-compete agreement in which the owners of Tramonte, Inc., Vito and Elda Tramonte, “jointly and severally” agreed that Rthey would not…