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CMG REALTY OF CONNECTICUT, INC. v. COLONNADE ONE LTD. PARTNERSHIP

(12300)

36 Conn. App. 653 (1995)

CMG REALTY OF CONNECTICUT, INC., ET AL. v. COLONNADE ONE AT OLD GREENWICH LIMITED PARTNERSHIP ET AL.

Appellate Court of Connecticut.

Decision released January 31, 1995.

Attorney(s) appearing for the Case

David M. Wallman, for the appellant-appellee (named plaintiff).

Paul L. McCullough, for the appellees-appellants (defendants).

DUPONT, C. J., and HEIMAN and SPEAR, Js.

SPEAR, J.

The sole issue on the appeal by the named plaintiff1 is whether a clause that required the defendant owners2 to pay the plaintiff broker $50,000 to terminate a brokerage contract was an unenforceable penalty. The issue3 on the defendants' cross appeal is whether a brokerage contract made "as of" July 1, 1988, satisfies the...

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