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SOCIA v. TROVATO

197 A.D.2d 916 (1993)

602 N.Y.S.2d 270

Candice Socia, as Assignee of John Socia, et al., Respondents-Appellants, v. Richard Trovato, Appellant-Respondent

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

October 1, 1993

Judgment unanimously modified on the law and as modified affirmed with costs to plaintiff Candice Socia in accordance with the following Memorandum: Defendant purchased the assets of Auto Finishers Supply Co., Inc. (seller) and agreed to pay $85,000 for the seller's covenant not to compete, payable in four equal installments of $21,250, commencing February 2, 1992. Defendant executed an absolute and unconditional guarantee of his...

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