This equity case involves the exercise of an option to purchase a business.
In April 1967, plaintiff and defendant entered into a three-year lease for defendant's car-wash property. A rider to the lease gave plaintiff the option to purchase defendant's assets or to acquire all of defendant's common stock for $103,000. The rider also provided that plaintiff was to give written notice...
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.