BARTFIELD v. RMTS ASSOCIATES, L. L. C.


283 A.D.2d 240 (2001)

726 N.Y.S.2d 618

JOSEPH BARTFIELD, Respondent, v. RMTS ASSOCIATES, L. L. C., Appellant. (Action No. 1.) JAMES B. MURPHY, Plaintiff, v. THOMAS J. AXON, Defendant and Counterclaim Appellant. JOSEPH BARTFIELD et al., Counterclaim Defendants-Respondents. (Action No. 2.)

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

Decided May 15, 2001.


The court properly concluded that Bartfield was entitled to summary judgment on his breach of contract claim, since the plain language of the Agreement establishes that RMTS was obligated to repurchase Bartfield's equity interest upon the termination of his relationship with RMTS, regardless of the reason for the termination and regardless of whether any of his purchase price had been paid. Moreover, the Note reiterates that payments due under that document would cease upon...

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