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BATES ADVERTISING USA, INC. v. McGREGOR

No. 01 Civ. 7413 (LAP).

282 F.Supp.2d 209 (2003)

BATES ADVERTISING USA, INC., Plaintiff, v. William J. MCGREGOR, Defendant.

United States District Court, S.D. New York.

September 23, 2003.

Attorney(s) appearing for the Case

John B. Grant, Jr., Melina Sfakianaki, Greenberg Traurig, LLP, New York City, for Plaintiff.

Sean-Francis Kane, Peter D. Raymond, Hall, Dickler, Kent, Driedman & Wood, LLP, New York City, for Defendant.

MEMORANDUM AND ORDER

PRESKA, District Judge.

Defendant William J. McGregor agreed to sell his advertising business to Bates Advertising USA, Inc. ("Bates") pursuant to a Stock Purchase Agreement ("Purchase Agreement") entered into by the parties. Bates now contends that it overpaid McGregor for his business and that McGregor has refused to repay the excess over the minimum purchase price set forth in the Purchase Agreement, thereby necessitating this...

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