CARIDE v. ALONSO

3587, 3588, 3589, 3590, 260220/09, 83959/09.

78 A.D.3d 466 (2010)

913 N.Y.S.2d 11

JOSE CARIDE et al., Respondents, v. ALEJANDRO ALONSO et al., Appellants. (And a Third-Party Action.)

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

Decided November 9, 2010.


The parties' correspondence created a binding contract. Alonso's letter dated February 5, 2009 constituted a firm offer to buy Caride's shares in J & A for $325,000, albeit he indicated he would consider other options. Indeed, the letter "expressly and unambiguously sets forth terms of a proposed resolution which are `definite and certain' and ... demonstrates the requisite `willingness to enter into a bargain'" and thus constitutes an offer (United States Fid. &...

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