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SAHLEY v. McKEE

No. 203, Docket 30657.

371 F.2d 720 (1967)

Lloyd W. SAHLEY, Plaintiff-Appellee, and International Finance Corporation, New-Party Plaintiff-Appellee, v. Mark T. McKEE, Defendant-Appellant, and Ladenburg, Thalmann & Co., a co-partnership composed of Harry B. Lake, Henry March, John Rosenthal, Otto Marx, Jr., Leo G. Shaw and Carl K. Erpf, Defendant.

United States Court of Appeals Second Circuit.

Decided January 20, 1967.

Attorney(s) appearing for the Case

James H. Halpin, New York City (Kissam & Halpin, New York City, James J. Harrington, New York City, of counsel, on the brief), for appellant.

Alan E. Bandler, New York City (Kramer, Bandler & Labaton, New York City, Sidney Kramer, New York City, of counsel, on the brief), for appellee.

Before WATERMAN, MOORE, and HAYS, Circuit Judges.

MOORE, Circuit Judge:

Lloyd W. Sahley, plaintiff, and Mark T. McKee, defendant, agreed to embark on a joint venture whereby McKee would arrange for the acquisition and financing of companies brought to his attention by Sahley. All fees received by McKee were to be split evenly. Pursuant to this agreement, Sahley introduced McKee to the owners of Guerdon Industries, Inc. (Guerdon), a corporation engaged in the manufacturing of mobile houses, and McKee successfully...

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