COR-IBS, INC. v. PORTFOLIO ANALYSIS SYS., INC.

114362/10, 9145-9146.

102 A.D.3d 635 (2013)

959 N.Y.S.2d 71

2013 NY Slip Op 561

COR-IBS, INC., Respondent, v. PORTFOLIO ANALYSIS SYSTEMS, INC., Appellant.

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

Decided January 31, 2013.


The motion court correctly determined that defendant, which entered into a license agreement and a support and services agreement for plaintiff's financial software, did not have the right to withhold payment of the annual support fee invoiced by plaintiff, and that such action breached the support agreement, justifying termination of both agreements by plaintiff and defendant's license to use the software (see e.g. Awards.com v Kinko's, Inc., 42 A...

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