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BAYTREE ASSOCS., INC. v. FORSTER

240 A.D.2d 305 (1997)

659 N.Y.S.2d 19

Baytree Associates, Inc., et al., Respondents, v. William D. Forster et al., Appellants, et al., Defendants

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

June 24, 1997

Summary judgment was appropriate here since plaintiffs failed to raise a triable issue of fact sufficient to defeat defendants' Statute of Frauds defense. The alleged oral agreement was nothing more than a finder's agreement, void under the Statute of Frauds at General Obligations Law § 5-701 (a) (10), and plaintiffs' attempts to characterize it, alternatively, as a shareholders', partnership or joint venture agreement, or...

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