Defendant-appellant King Percival (Percival) is the president of defendant Triumph Advertising Productions (Triumph), and owns 25% of its shares of stock. In February 1984, plaintiff Metropolitan Transporation Authority (MTA) publicly solicited bids for a contract to print a series of neighborhood maps, to be placed in subways throughout the city. Plaintiff awarded the contract to Triumph, which submitted the lowest of 11 bids. However, according to the affidavit of Percival...
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