MEDALLION CHEM. CORP. v. CHEM. RES., INC.


58 A.D.2d 808 (1977)

Medallion Chemical Corporation, Appellant, v. Chemical Resources, Inc., et al., Respondents

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

July 5, 1977


Order affirmed, with $50 costs and disbursements.

Appellant failed to establish that there was a definite agreement between the parties to settle the action. The oral agreement which appellant contends was definite and complete, only awaiting reduction to writing, was more obviously an agreement to attempt a settlement of numerous important points that included a consent injunction and payment of $35,000. The writings which appellant contends confirm a definite...

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