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CHARLES B. DE THAN GROUP v. RICHMOND

176 A.D.2d 509 (1991)

Charles B. De Than Group, Plaintiff, v. Frederick W. Richmond, Also Known as Fred Richmond, Appellant. (Action No. 1.) Babbs Business Brokers, Inc., Respondent, v. Bonanza Trading Associates et al., Defendants. (Action No. 2.)

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

October 10, 1991

In action No. 1, plaintiff Charles B. De Than Group ("De Than") sues to recover a finder's fee from defendant Richmond, who purchased assets of Bonanza Trading Associates ("Bonanza"). In action No. 2, plaintiff Babbs Business Brokers, Inc. ("Babbs") sues to recover a broker's commission from the seller, Bonanza, in connection with the transaction. At the closing of the sale, Babbs, Richmond and Bonanza entered into an agreement pursuant to which Bonanza placed $50,000 in...

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