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CHOCK 34TH ST. OPERATING, INC. v. CHOCK FULL O'NUTS CORP.

173 A.D.2d 214 (1991)

Chock 34th St. Operating, Inc., Appellant, v. Chock Full O'Nuts Corporation, Respondent

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

May 7, 1991

The Stock Purchase Agreement, Promissory Note, and Stock Pledge Agreement at issue in this action are part of a series of 17 transactions whereby plaintiff and 16 other single purpose corporations are acquiring real estate held by defendant Chock Full O'Nuts and a related company. Defendant Chock Full O'Nuts has taken the position that all 17 single purpose corporations are in default. The validity of those underlying defaults has...

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