FISCHER v. GREEN


35 A.D.2d 787 (1970)

Milton Fischer, Appellant, v. William Green, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

November 5, 1970


Respondent shall recover of appellant $50 costs and disbursements of this appeal.

We agree that the arrangement between former equal partners, at the time of sale of their joint enterprise to an acquiring corporation, was legal and enforceable according to its terms. Though defendant-respondent alone was eligible, due to his employment by the purchasing corporation, for an employee's stock purchase option, he had every right to enter into a contract, to be carried...

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