Perrotti v. Becker, Glynn, Melamed & Muffly LLP
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Plaintiff and defendants Garcia and Lobato jointly owned several investment advisory businesses incorporated in the Cayman Islands. In May 2006, the parties entered into a stock buyout and consulting agreement (SBCA), in which Garcia and Lobato agreed to purchase plaintiff’s shares in the entities for a total of $70,000. The agreement further provided that Linda Macarena (Macarena), a Panamanian company owned by plaintiff, would provide consulting services to two of the entities subject to the stock sale as well as a third entity, and that those companies would pay Macarena $2,088,000 in the…
2Cases cited6 opinions
- Lama Holding Co. v. Smith Barney Inc.New York Court of Appeals · 1996
- MBIA Insurance v. Greystone & Co.Appellate Division of the Supreme Court of the State of New York · 2010
- Lipper Holdings v. Trident HoldingsAppellate Division of the Supreme Court of the State of New York · 2003
- Corhill Corp. v. S. D. Plants, Inc.New York Court of Appeals · 1961
- National Union Fire Insurance of Pittsburgh v. Xerox Corp.Appellate Division of the Supreme Court of the State of New York · 2006
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