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DRESDEN v. WILLOCK

No. 75-1091.

518 F.2d 281 (1975)

Arnold DRESDEN v. Norman A. WILLOCK, Appellant.

United States Court of Appeals, Third Circuit.

Decided June 13, 1975.

Attorney(s) appearing for the Case

Robert A. Ellison, Christiansted, St. Croix, V. I., for appellee.

John J. Abt, Alvin Miller, New York City, Frederick D. Rosenberg, Charlotte Amalie, St. Thomas, V. I., for appellant.

Before HASTIE, GIBBONS and HUNTER, Circuit Judges.

OPINION OF THE COURT

GIBBONS, Circuit Judge.

The defendant Norman A. Willock appeals from a judgment of the District Court of the Virgin Islands which directed that he specifically perform pursuant to a buy-out provision in a stockholder's agreement with the plaintiff Arnold Dresden. The buy-out agreement requires Willock to purchase 100 shares of stock in Willock Associates, Ltd. which are now worthless from Dresden for $250,000. Willock also appeals the...

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