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RMS PARTNERS TIVOLI COMPANY v. UCCELLINI

268 A.D.2d 824 (2000)

702 N.Y.S.2d 204

RMS PARTNERS TIVOLI COMPANY et al., Appellants, v. WALTER F. UCCELLINI, Respondent.

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

Decided January 20, 2000.

Peters, J.

Defendant, president and majority shareholder of United Investors Realty Corporation (hereinafter UIRC), entered into three identical contracts on behalf of UIRC with each plaintiff for the purchase and sale of three commercial properties in Florida, owned by each plaintiff separately. While the original contracts required that the transaction close by December 31, 1993, that date was postponed and new contracts were executed (hereinafter referred to as...

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