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SAGER SPUCK STATEWIDE SUPPLY COMPANY, INC. v. MEYER

298 A.D.2d 794 (2002)

751 N.Y.S.2d 318

SAGER SPUCK STATEWIDE SUPPLY COMPANY, INC., Respondent, v. ERNEST L. MEYER, Appellant, et al., Defendant.

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

Decided October 31, 2002.

Spain, J.

In 1990, defendant Ernest L. Meyer (hereinafter defendant) sold his majority interest in Statewide Industrial Equipment Company (hereinafter Statewide), a supplier of power transmission equipment, to plaintiff's president and, in conjunction therewith, defendant agreed not to work for any business in competition with Statewide for a period of 10 years. Thereafter, Statewide merged with Sager Spuck Supply Company to form plaintiff, which succeeded in Statewide...

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