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BURT'S SPIRIT SHOP, INC. v. RIDGWAY

(13928)

215 Conn. 355 (1990)

BURT'S SPIRIT SHOP, INC. v. EDWARD S. RIDGWAY ET AL. BURT'S SPIRIT SHOP, INC. v. JANINA M. RIDGWAY

Supreme Court of Connecticut.

Decision released June 19, 1990.

Attorney(s) appearing for the Case

Dannell P. Malloy, with whom was John V. Bologna, for the appellants (named defendant et al. in the first case, defendant in the second case).

Howard R. Wolfe, with whom, on the brief, were David Albert and Ellen G. Pollack, for the appellee (plaintiff).

PETERS, C. J., SHEA, CALLAHAN, GLASS and HULL, JS.

PETERS, C. J.

The principal issue in this appeal is the enforceability of notes and mortgages arising out of a sale of a business whose profitability is impaired by the death of a key employee. The plaintiff, Burt's Spirit Shop, Inc., brought an action against the defendants Edward S. Ridgway and Janina M. Ridgway to foreclose mortgages securing a note executed by Janina Ridgway. A second, contemporaneous, action by the plaintiff sought to collect on this and another...

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