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PERFECT TRADING CO., INC. v. GOLDMAN, SACHS & CO.

236 A.D.2d 221 (1997)

653 N.Y.S.2d 116

Perfect Trading Co., Inc., Appellant-Respondent, v. Goldman, Sachs & Co. et al., Respondents-Appellants

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

February 4, 1997

The first and second causes of action for breach of contract were properly dismissed since, as found by the IAS Court, "at most the oral communications * * * [reduced to] writing can be construed as only an agreement to agree" and did not provide the material terms of the contract related to compensation and duration (see, Central Fed. Sav. v National Westminster Bank, 176 A.D.2d 131

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