CRANE v. PERFECT FILM & CHEM. CORP.


38 A.D.2d 288 (1972)

Robert Crane, Appellant, v. Perfect Film & Chemical Corporation, Respondent

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

February 22, 1972.


Attorney(s) appearing for the Case

Bernard Gartlir of counsel (Sylvia D. Garland with him on the brief; Hofheimer, Gartlir, Gottlieb & Gross, attorneys), for appellant.

Laurence P. Shiff of counsel (Stephen M. Axinn with him on the brief; Skadden, Arps, Slate, Meagher & Flom, attorneys), for respondent.

NUNEZ, J. P., KUPFERMAN and TILZER, JJ., concur with MACKEN, J.; STEUER, J., dissents in an opinion.


MACKEN, J.

At issue is whether, on the facts presented, plaintiff may enforce a stock purchase option granted him by defendant's predecessor.

On August 15, 1963, by written contract, plaintiff was employed as an executive of a wholly owned subsidiary of Perfect Photo, Inc., a predecessor of defendant, for a term of five years. September 9, 1964, while so employed, Perfect granted plaintiff an option to...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases