TINTERORIAS IBERICAS DE PELETERIA v. GAFCO, INC.


114 A.D.2d 329 (1985)

Tinterorias Ibericas De Peleteria, S. A., Appellant, v. Gafco, Inc., Respondent

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

October 29, 1985


Plaintiff-appellant, a Spanish corporation with its principal place of business in Barcelona, Spain, sold fur and leather goods to Gafco, Inc., a domestic corporation with its principal place of business in New York, New York, for an agreed-upon price of $29,402. The merchandise was delivered to GAFCO which failed to render payments therefor.

On June 16, 1983, plaintiff-appellant commenced an action to recover $29,402 plus interest. Both parties agreed to a settlement...

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