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SCHWANBECK v. FEDERAL-MOGUL CORP.

412 Mass. 703 (1992)

592 N.E.2d 1289

JOHN R. SCHWANBECK vs. FEDERAL-MOGUL CORPORATION & another.

Supreme Judicial Court of Massachusetts, Suffolk.

May 27, 1992.

Attorney(s) appearing for the Case

John M. Harrington. Jr. (John C. Bartenstein with him) for the plaintiff.

Michael P. Angelini (Vincent F. O'Rourke, Jr., & Barry A. Bachrach with him) for Vellumoid, Inc.

Samuel Adams (Ralph T. Lepore, III, with him) for Federal-Mogul Corporation.

Present: NOLAN, LYNCH, O'CONNOR, & GREANEY, JJ.

NOLAN, J.

This action arises out of failed negotiations between the plaintiff and the defendant, Federal-Mogul Corp., for the purchase and sale of Federal-Mogul's Vellumoid Division (division), which Federal-Mogul eventually sold to another party (buyer), who organized a new corporation, the defendant Vellumoid, Inc. The plaintiff alleged in his complaint that Federal-Mogul breached an agreement to negotiate in good faith...

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