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COLEMAN, GRASSO AND ZASADA APPRAISALS, INC. v. COLEMAN

281 A.D.2d 826 (2001)

722 N.Y.S.2d 306

COLEMAN, GRASSO AND ZASADA APPRAISALS, INC., Respondent, v. KENNETH S. COLEMAN, Appellant.

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

Decided March 22, 2001.

Mercure, J. P.

Prior to May 8, 1985, defendant was a shareholder, director and officer of plaintiff. On that date, however, the parties contracted for plaintiff's redemption of all of defendant's shares for $127,521, to be paid and allocated as more particularly set forth in the parties' written agreement. The agreement also provided that defendant was not to deal with any present client of plaintiff or be associated in any manner with any real

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