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NEDDER v. KNAPP SHOES, INC.

No. 90-P-848.

32 Mass. App. Ct. 462 (1992)

590 N.E.2d 713

J. RICHARD NEDDER vs. KNAPP SHOES, INC.

Appeals Court of Massachusetts, Worcester.

April 28, 1992.

Attorney(s) appearing for the Case

Roy A. Bourgeois for the plaintiff.

Ronald B. Shwartz for the defendant.

Present: FINE, JACOBS, & LAURENCE, JJ.

FINE, J.

When the plaintiff, J. Richard Nedder, was sixty years of age, with a successful career in the shoe business behind him, he entered upon employment with the defendant, Knapp Shoes, Inc. (Knapp), a major shoe retailer, distributor, and manufacturer. In the course of negotiations for that employment, he expressed an interest in buying stock in Knapp, a closely held corporation. Nedder and Knapp signed an agreement...

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