PERROTTI v. BECKER, GLYNN, MELAMED & MUFFLY LLP

3831, 603496/08.

82 A.D.3d 495 (2011)

918 N.Y.S.2d 423

GUSTAVO PERROTTI, Appellant, v. BECKER, GLYNN, MELAMED & MUFFLY LLP, et al., Respondents, et al., Defendants.

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

Decided March 10, 2011.


Plaintiff and defendants Garcia and Lobato jointly owned several investment advisory businesses incorporated in the Cayman Islands. In May 2006, the parties entered into a stock buyout and consulting agreement (SBCA), in which Garcia and Lobato agreed to purchase plaintiff's shares in the entities for a total of $70,000. The agreement further provided that Linda Macarena (Macarena), a Panamanian company owned by plaintiff, would provide consulting services to two of the entities...

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