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KENNETH D. LAUB & COMPANY, INC. v. BEAR STEARNS COMPANIES, INC.

262 A.D.2d 36 (1999)

692 N.Y.S.2d 30

KENNETH D. LAUB & COMPANY, INC., Appellant, v. BEAR STEARNS COMPANIES, INC., et al., Respondents.

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

Decided June 8, 1999.

The record discloses that defendant Bear Stearns & Co., in a series of letters, unequivocally declared that it had appointed plaintiff to act as its exclusive agent for the purpose of exploring various real estate options, and that plaintiff, based on these representations, proceeded to expend considerable effort on Bear Stearns' behalf. While it is true that the parties never executed a formal written contract setting forth the amount of plaintiff's compensation, and...

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