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RONCONI DATA v. TRAVELERS IND

94 Misc.2d 243 (1978)

Ronconi Data Services, Inc., et al., Plaintiffs, v. Travelers Indemnity Co., Defendant.

Supreme Court, Trial Term, Richmond County.

April 19, 1978

Attorney(s) appearing for the Case

Leahey & Johnson (Asher Marcus of counsel), for plaintiffs. Kennedy & Paterson (Thomas E. Paterson of counsel), for defendant.

ARTHUR S. HIRSCH, J.

On April 1, 1972, F.M.I. Management, Inc. (FMI) entered into a contract with plaintiff Ronconi Data Services, Inc. (Ronconi), in which it was agreed that Ronconi would purchase all of FMI's operating assets and that FMI would thereafter cease the active conduct of its business. FMI turned over to Ronconi, among other assets, a 1971 Volkswagen automobile which from the date of the execution...

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