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EDWARD G. COYNE ENTERS., INC. v. UNION CARBIDE CORP.

89 A.D.2d 545 (1982)

Edward G. Coyne Enterprises, Inc., Formerly Known as Created Gemstones, Inc., Respondent-Appellant, v. Union Carbide Corporation, Appellant-Respondent

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

July 29, 1982

Entry of judgment on the counterclaim is stayed pending determination of the main complaint. The parties entered into an agreement in 1972 in which the defendant, Union Carbide, agreed to sell exclusively to Created Gemstones, now known as Edward Coyne Enterprises, a yearly minimum of carats of synthetic emerald rough crystal. They also agreed, on a nonexclusive basis, to sell a synthetic product known as "Linde" gems. The agreement was to continue from year to year but,...

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