Plaintiffs acquired the stock of Betuna Corporation, a closely held corporation with two subsidiaries, pursuant to a contract which provided for adjustments to the purchase price based upon net increases in the corporations' liabilities. Shortly after the closing, plaintiffs obtained a preliminary accounting report which found in excess of $250,000 in net adjustments. Plaintiffs reduced the amount of the payments
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METZ v. COOPERS & LYBRAND
210 A.D.2d 624 (1994)
619 N.Y.S.2d 393
James T. Metz, Jr., et al., Appellants-Respondents, v. Coopers & Lybrand et al., Appellants, and Joel L. Lindy, Respondent
Appellate Division of the Supreme Court of the State of New York, Third Department.https://leagle.com/images/logo.png
December 8, 1994
December 8, 1994
Appellate Division of the Supreme Court of the State of New York, Third Department.
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