ARGERSINGER v. SHAPIRO BROS.


115 Misc.2d 850 (1982)

Argersinger's Department Store, Inc., Plaintiff, v. Shapiro Brothers Co., Inc., Defendant.

Supreme Court, Fulton County.

October 5, 1982


Attorney(s) appearing for the Case

Edward Rappaport for plaintiff. Menter, Rudin & Trivelpiece, P. C., for defendant.


J. RAYMOND AMYOT, J.

By written contract the plaintiff agreed to purchase all the assets used by the defendant in the operation of one of its retail department stores in Oswego, New York. The contract provided for a portion of the purchase price to be held in escrow by the attorneys representing the respective parties. At the closing Edward Rappaport and Edward M. Zachary were designated as escrow agents to receive and disburse $235,000 of the purchase...

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