GOTTESMAN COMPANY v. KEYSTONE ENTERPRISES, INC.


43 A.D.3d 696 (2007)

841 N.Y.S.2d 540

GOTTESMAN COMPANY, Appellant, v. KEYSTONE ENTERPRISES, INC., et al., Respondents.

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

Decided September 18, 2007.


Plaintiff is in the business of earning finder's fees by introducing clients to firms believed to be acquisition opportunities. Under the form of agreement plaintiff uses, it earns its fee when such an acquisition closes; the fee is calculated by applying a formula to the value of the transaction.

In September 2000, plaintiff entered into a finder's fee agreement with SilverZipper.com, Inc. (SilverZipper), a company then...

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