Daley v. Related Companies, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Asch, J.
Plaintiff Daley was employed as vice-president of the defendant The Related Companies, Inc. and as president of defendant Related Equities Corporation. Pursuant to an employment agreement entered into by the parties, plaintiff was to receive compensation of commissions based on real estate syndications which took place during his employment. The agreement further provided that plaintiff "shall have a draw against [his] commission at the rate of $80,000 per year, paid bi-weekly at the same time and on the same basis as all other Related executive personnel.”
The…
2Cases cited7 opinions
- Hecht v. City of New YorkNew York Court of Appeals · 1983
- Dean Witter Reynolds Inc. v. RossAppellate Division of the Supreme Court of the State of New York · 1980
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- Magness v. Human Resource Services, Inc.Appellate Division of the Supreme Court of the State of New York · 1990
- Klepner v. Codata Corp.New York Supreme Court · 1988
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