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TELEMUNDO GROUP, INC. v. ALDEN PRESS, INC.

181 A.D.2d 453 (1992)

Telemundo Group, Inc., Appellant, v. Alden Press, Inc., et al., Respondents

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

March 10, 1992

This is an action for breach of contract, conversion, and unjust enrichment, which arises from a May 1986 stock purchase agreement between plaintiff, Telemundo Group, Inc. ("Telemundo"), then known as John Blair & Company, and defendant Alden Holdings, Inc. ("AHI"). Under the terms of the agreement, AHI purchased all of the common stock of Telemundo's wholly-owned subsidiary, Alden Press, Inc. ("API"), for a price reached through...

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