SHAIN INVESTMENT CO., INC. v. COHEN


15 Mass. App. Ct. 4 (1982)

443 N.E.2d 126

SHAIN INVESTMENT COMPANY, INC. & others vs. HERMAN B. COHEN.

Appeals Court of Massachusetts, Suffolk.

December 10, 1982.


Attorney(s) appearing for the Case

Tina M. Traficanti for the defendant.

W. Arthur Garrity, III, for the plaintiffs.

Present: BROWN, GREANEY, & DREBEN, JJ.


GREANEY, J.

The defendant, Cohen, appeals from a judgment entered in the Superior Court pursuant to Mass.R. Civ.P. 56(a), 365 Mass. 824 (1974), which found him liable for breach of contract and assessed damages in the amount of $124,952.56.

By an agreement dated July 25, 1969, the plaintiffs Shain Investment Company, Inc. (SI), and its principals, Jack and Louis I. Shain (Shains), acquired a one-tenth interest in (i) Investment Funds, Inc. (IFI), (ii) the...

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