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MOHINANI v. CHARNEY

5159. 653229/12.

156 A.D.3d 443 (2017)

67 N.Y.S.3d 10

2017 NY Slip Op 08608

HARRY MOHINANI et al., Respondents, v. TZLILA CHARNEY et al., Appellants.

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

Decided December 7, 2017.

Contrary to defendants' contention, the complaint alleges the existence of an enforceable agreement. It is clear that Charney agreed to provide plaintiffs with equity in defendant LHC Club LLC in exchange for their $4.5 million investment, and the specific terms governing plaintiffs' rights are not so indefinite as to render the agreement unenforceable (see Cobble Hill Nursing Home v Henry & Warren Corp.,

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