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Reiter Res., Inc. v. Gilmartin

Supreme Court, Appellate Division, First Department, New York.
Oct 29, 2019
176 A.D.3d 617 (N.Y. App. Div. 2019)

Opinion

10226 Index 652797/17

10-29-2019

REITER RESOURCES, INC. doing business as Professional Accounting Sales, Plaintiff–Respondent, v. Richard GILMARTIN, Defendant–Appellant.

La Reddola, Lester & Associates, LLP, Garden City (Steven M. Lester of counsel), for appellant. Moulinos & Associates LLC, New York (Peter Moulinos of counsel), for respondent.


La Reddola, Lester & Associates, LLP, Garden City (Steven M. Lester of counsel), for appellant.

Moulinos & Associates LLC, New York (Peter Moulinos of counsel), for respondent.

Renwick, J.P., Manzanet–Daniels, Mazzarelli, Webber, Oing, JJ.

Judgment, Supreme Court, New York County (Gerald Lebovits, J.), entered November 9, 2018, awarding plaintiff the principal sum of $52,500, plus interest, and bringing up for review an order, same court and Justice, entered September 27, 2018, which granted plaintiff's motion for summary judgment on its breach of contract cause of action, unanimously affirmed, with costs. Plaintiff established prima facie entitlement to summary judgment on its breach of contract claim against defendant by showing the existence of a contract entitling it to 10% of the purchase price of the sale of defendant's business, plaintiff's performance thereunder, defendant's breach, and the resulting damages (see Harris v. Seward Park Hous. Corp., 79 A.D.3d 425, 426, 913 N.Y.S.2d 161 [1st Dept. 2010] ). Plaintiff showed that it procured a buyer, who ultimately purchased defendant's accounting business at a cost of $625,000, and that defendant paid only $10,000 of the $62,500 owed to plaintiff, resulting in damages of $52,500.

In opposition, defendant failed to raise a triable issue of fact (see Licata v. Cuzzi, 161 A.D.3d 844, 77 N.Y.S.3d 418 [2d Dept. 2018] ). Defendant did not establish that the contract contemplated a setoff in the event that defendant's subsequent, unrelated purchase of a residential property in California failed to proceed as a result of delays in the sale of his business. Furthermore, the Purchase Agreement between defendant and the buyer of his business stated only that the closing would take place "on or about October 31, 2016," suggesting that timeliness was not a critical term in the contract.

We have considered defendant's remaining arguments and find them unavailing.


Summaries of

Reiter Res., Inc. v. Gilmartin

Supreme Court, Appellate Division, First Department, New York.
Oct 29, 2019
176 A.D.3d 617 (N.Y. App. Div. 2019)
Case details for

Reiter Res., Inc. v. Gilmartin

Case Details

Full title:Reiter Resources, Inc. doing business as Professional Accounting Sales…

Court:Supreme Court, Appellate Division, First Department, New York.

Date published: Oct 29, 2019

Citations

176 A.D.3d 617 (N.Y. App. Div. 2019)
2019 N.Y. Slip Op. 7737
109 N.Y.S.3d 639

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