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KANAVOS v. HANCOCK BANK & TRUST CO.

395 Mass. 199 (1985)

479 N.E.2d 168

HAROLD J. KANAVOS vs. HANCOCK BANK AND TRUST COMPANY.

Supreme Judicial Court of Massachusetts, Suffolk.

June 13, 1985.

Attorney(s) appearing for the Case

James R. DeGiacomo (Susan J. Baronoff with him) for the defendant.

Nicholas A. Abraham for the plaintiff.

Present: WILKINS, LIACOS, ABRAMS, NOLAN, & LYNCH, JJ.

WILKINS, J.

This appeal presents two basic questions. First, if, for valid consideration, the owner of stock in a corporation has agreed to give A the opportunity to purchase that stock at the price at which the owner intends to sell it to another in the future (a right of first refusal) but the owner instead sells the stock to a third party without giving A the opportunity to match the third party's offer and thus acquire...

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