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STONE TRAVEL AGENCY, INC. v. LAMBROU

176 A.D.2d 1170 (1991)

Stone Travel Agency, Inc., et al., Appellants, v. Constantine Lambrou et al., Respondents

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

October 31, 1991

Mahoney, P. J.

In 1984 plaintiff David Moore (hereinafter plaintiff), manager of plaintiff Stone Travel, Inc. (hereinafter the corporation), and defendants contracted for the sale of the corporation to plaintiff. The agreement provided that defendants were liable for taxes then outstanding or which occurred prior to closing and would indemnify plaintiff for any tax liabilities which arose from any "operations or transactions entered into, or any state...

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