NEWMAN v. CRAZY EDDIE, INC.


119 A.D.2d 738 (1986)

Gerald Newman, Appellant, v. Crazy Eddie, Inc., Respondent

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

April 21, 1986


Order affirmed insofar as appealed from, without costs or disbursements.

The alleged oral agreement between the plaintiff and the defendant's president required the plaintiff to use his "know-how" and "know-who" to find and negotiate with an underwriter concerning the proposed public offering of over 30% of the defendant's common stock. Clearly, the bringing about of such an underwriting and eventual public offering, was "an enterprise of complexity" which involved...

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