HUTCHINSON BURGER, INC. v. HUTCH REST. ASSOC., L.P.

8637, 302046/11, 8637A.

100 A.D.3d 531 (2012)

954 N.Y.S.2d 87

HUTCHINSON BURGER, INC., et al., Respondents, v. HUTCH RESTAURANT ASSOCIATES, L.P., et al., Appellants, et al., Defendant.

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

November 20, 2012.


In this case, plaintiffs were obligated to obtain a valid drive-thru permit as a condition to the closing of the sale of a Burger King restaurant. When the initial closing date passed without the permit, the parties executed an amendment that lowered the purchase price of the property, payable as cash and a non-interest-bearing note to the plaintiffs. This amendment also provided for a reduction in the value of the note should the plaintiffs fail to obtain the drive-thru...

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