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DRATFIELD v. GIBSON GREETINGS, INC.

269 A.D.2d 294 (2000)

703 N.Y.S.2d 147

JAMES DRATFIELD et al., Appellants, v. GIBSON GREETINGS, INC., Respondent.

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

Decided February 24, 2000.

The parties' correspondence and the surrounding circumstances establish that they did not intend to be bound until their agreement was reduced to writing and formally executed (Brown Bros. Elec. Contrs. v Beam Constr. Corp., 41 N.Y.2d 397; Scheck v Francis, 26 N.Y.2d 466, 469-470). Although neither party expressly reserved the right not to be bound prior to the execution of the signed contract...

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