BUCHAR v. SAWYER-FERGUSON-WALKER CO., INC.


247 A.D.2d 247 (1998)

668 N.Y.S.2d 451

Lee Buchar, Respondent, v. Sawyer-Ferguson-Walker Company, Inc., Appellant

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

February 10, 1998


The motion was properly denied for failure to demonstrate both a reasonable excuse for the default and a meritorious defense to the action. Plaintiff properly invoked CPLR 3213 since the stock redemption agreement in issue only requires defendant to pay plaintiff a sum of money without regard to any other obligations (see, Seaman-Andwall Corp. v Wright Mach. Corp., 31 A.D.2d 136...

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