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Pennino v. Lasersurge, Inc.

Appellate Division of the Supreme Court of New York, Fourth Department
Dec 26, 1991
178 A.D.2d 939 (N.Y. App. Div. 1991)

Opinion

December 26, 1991

Appeal from the Supreme Court, Monroe County, Curran, J.

Present — Callahan, J.P., Boomer, Green, Lawton and Davis, JJ.


Order unanimously reversed on the law without costs, motion denied and first and second causes of action reinstated. Memorandum: Supreme Court erred in granting defendants partial summary judgment dismissing plaintiff's first and second causes of action. In the first cause of action plaintiff seeks a declaration that he is owner of 5% of defendant Lasersurge, Inc. In the second cause of action plaintiff seeks to compel specific performance of the issuance of 5% of the corporate stock. Although there is no written agreement in support of those causes of action, there is a question of fact whether plaintiff's payment by check to defendant Sauer of $2,250 for one share of Lasersurge, Inc. and plaintiff's intention to purchase an additional four shares is sufficient to avoid the Statute of Frauds (see, UCC 8-319 [b]; Palmerton v Envirogas, Inc., 80 A.D.2d 996, 997; APS Food Sys. v Ward Foods, 70 A.D.2d 483). The order in the second appeal, denying plaintiff's motion to reargue, is not appealable (see, Gifaldi v Dumont Co., 172 A.D.2d 1025; Empire Ins. Co. v Food City, 167 A.D.2d 983).


Summaries of

Pennino v. Lasersurge, Inc.

Appellate Division of the Supreme Court of New York, Fourth Department
Dec 26, 1991
178 A.D.2d 939 (N.Y. App. Div. 1991)
Case details for

Pennino v. Lasersurge, Inc.

Case Details

Full title:RALPH P. PENNINO, Appellant, v. LASERSURGE, INC., et al., Respondents…

Court:Appellate Division of the Supreme Court of New York, Fourth Department

Date published: Dec 26, 1991

Citations

178 A.D.2d 939 (N.Y. App. Div. 1991)
579 N.Y.S.2d 771

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