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PINTER-ZWICKER ELEC. CO. INC. v. ALLIANCE ELEC., INC.

169 A.D.2d 432 (1991)

Pinter-Zwicker Electric Co., Inc., Appellant-Respondent, v. Alliance Electric, Inc., Respondent-Appellant, and Zwicker Electric Co., Inc., Appellant-Respondent

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

January 10, 1991

P-Z, an electrical subcontractor on five construction projects in the Philadelphia area, seeks to recover under a 1984 agreement negotiated and executed in New York among P-Z, its parent, Zwicker, defendant Alliance Electric, Inc. (Alliance), and Alliance's principal George Leon. Pursuant to the agreement, Alliance took over completion of the five contracts and was to receive the balance of moneys due under them in return for $180,000 plus 3% of any price increase resulting...

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