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BERGMAN v. KRAUSZ

19 A.D.3d 186 (2005)

796 N.Y.S.2d 360

HENRY BERGMAN et al., Appellants, v. MARTON KRAUSZ et al., Respondents, et al., Defendants.

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

June 14, 2005.

The court properly dismissed the cause of action for specific performance of an alleged agreement by defendants to sell their shares in two corporations jointly owned by the parties. Inasmuch as the transaction involved the sale of stock in corporations whose sole asset was a commercial building, the statute of frauds (General Obligations Law § 5-703 [2]) was applicable (Pritsker v Kazan, 132 A.D.2d...

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