Ordered that the judgment is affirmed, with costs.
We find that Special Term properly held that the agreements in question were in the nature of a lease, rather than a license. Although the agreements referred to themselves as licensing agreements, it is well settled that the courts, in construing the true nature of an instrument, are not bound by the name that the parties gave to it (see, City of New York v Pennsylvania R. R. Co.,
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
