Ruscito v. F-Dyne Electronics Co.

The plaintiffs, the Ruscito family, brought six separate suits against the defendant, F-Dyne Electronics Company, Inc., four of which were to recover on promissory notes that were due and owing, and two of which were to recover unpaid salaries. All of these actions, which were ultimately consolidated for trial, arose in connection with the sale by the plaintiffs of F-Dyne Electronics Company, Inc., a Connecticut corporation, hereinafter designated as F-Dyne Connecticut, to Primus Corporation, the corporate owner of the defendant F-Dyne Electronics Company, Inc., a New York corporation,…