1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 125 A.D.2d
  5. 125 A.D.2d 849 (1986)
 

E.S.P. ADJUSTMENT SERVS., INC. v. ASTA GROUP, INC.

125 A.D.2d 849 (1986)

E.S.P. Adjustment Services, Inc., et al., Respondents, v. Asta Group, Inc., et al., Appellants. (Action No. 1.) John P. Hicks, Respondent, v. Asta Group, Inc., Appellant, and Sandra Rothenberg et al., Respondents. (Action No. 2.)

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

December 24, 1986

Harvey, J.

E.S.P. Adjustment Services, Inc. (ESP) sold $1,000,000 of current receivables and $8,500,000 of delinquent accounts to Asta Group, Inc. (Asta) for $750,000. Pursuant to the terms of the contract, $75,000 of the purchase price was held in an escrow account, with John P. Hicks acting as escrow agent. The escrow fund was designed to afford protection to Asta in the event some of the accounts were discovered to be either fictitious or subject to...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases