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RANDOM HOUSE, INC. v. LECHT SCIENCES, INC.

117 A.D.2d 571 (1986)

Random House, Inc., Respondent, v. Lecht Sciences, Inc., Appellant

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

February 27, 1986

In a letter agreement dated June 1, 1984, plaintiff Random House, Inc., and Lecht Sciences, Inc. (Lecht), following extensive negotiations, agreed that Random House would deposit the sum of $300,000 with Lecht "for the right to evaluate on an exclusive basis the developmental materials relating to the five Marcel Marceau titles which you have scheduled for preview on or before August 1. This total sum would be immediately refundable...

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