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ROI, INC. v. HIDDEN VALLEY REALTY CORPORATION

45 A.D.3d 1010 (2007)

845 N.Y.S.2d 848

ROI, INC., Formerly Known as OUTDOOR INNS, INC., et al., Appellants, v. HIDDEN VALLEY REALTY CORPORATION et al., Respondents.

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

Decided November 8, 2007.

Mercure, J.P.

Plaintiff Robert Fried is an officer in, and sole stockholder of, plaintiff ROI, Inc., which is also known as Outdoor Inns, Inc. Decedent Milta I. Duncan was president and sole stockholder of defendant Hidden Valley Realty Corporation. ROI operated a camp on land owned by Hidden Valley pursuant to a 1975 lease providing that ROI could renew annually until February 2005 upon written notice. In 1984, Duncan and Fried entered into an agreement that if Fried...

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