CELS ENTERS., INC. v. BRANCORP FACTORS, INC.


159 A.D.2d 392 (1990)

Cels Enterprises, Inc., Appellant, v. Brancorp Factors, Inc., Respondent, et al., Defendant

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

March 27, 1990


In this action, plaintiff, Cels Enterprises, Inc., an importer and wholesale distributor of merchandise manufactured abroad, seeks to recover monetary damages for breach of contract, conversion and unjust enrichment arising out of a factoring agreement. We agree with the Supreme Court that the first through sixth causes of action are barred by a termination agreement between the parties wherein plaintiff agreed to pay certain fees and charges and to release defendant Brancorp...

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