NOLFI MASONRY CORP. v. LASKER-GOLDMAN CORP.


170 A.D.2d 363 (1991)

Nolfi Masonry Corporation, Formerly Known as Frommeyer & Company, Inc., et al., Respondents, v. Lasker-Goldman Corporation et al., Appellants

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

February 21, 1991


In a Liquidating Agreement, plaintiff Nolfi Masonry Corporation, a subcontractor, agreed to allow defendant Lasker-Goldman, a general contractor, to assert all its claims for damages against the owner of the construction project. Although defendant Lasker-Goldman settled the claim, it never paid plaintiff its proportionate share of the funds collected.

On a prior appeal, we held that the Liquidating Agreement was valid and enforceable, and that the corporate defendant...

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