INTERCONTINENTAL PLANNING v. DAYSTROM


24 N.Y.2d 372 (1969)

Intercontinental Planning, Limited, Appellant, v. Daystrom, Incorporated et al., Respondents.

Court of Appeals of the State of New York.

Decided April 10, 1969.


Attorney(s) appearing for the Case

Charles S. Desmond, Stuart A. Jackson and John M. Cochran, III, for appellant.

Charles C. Parlin, Jr. and James A. Quaremba for respondent.

Judges SCILEPPI, BERGAN and BREITEL concur with Judge JASEN; Chief Judge FULD concurs in a separate opinion in which Judge BURKE concurs; Judge KEATING taking no part.


JASEN, J.

The plaintiff, Intercontinental Planning, Limited is a New York corporation engaged in the business of bringing together European and American firms desiring to enter into business relationships. By this action plaintiff seeks to recover a finder's fee of $2,781,848 for its alleged services with respect to the acquisition in 1962 of a New Jersey electronics corporation, Daystrom, Incorporated, by defendant...

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