ARICI v. POMA

Index No. 654665/17. Appeal No. 15352-15352A-15353B. Case No. 2021-03223.

202 A.D.3d 584 (2022)

163 N.Y.S.3d 521

2022 NY Slip Op 01114

Adem Arici, Appellant, v. Andrew Poma, Respondent.

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

Decided February 22, 2022.


Attorney(s) appearing for the Case

Law Office of Michael H. Joseph, PLLC, White Plains ( Michael H. Joseph of counsel), for appellant.

Woods Lonergan PLLC, New York ( Annie E. Causey of counsel), for respondent.

Concur—Renwick, J.P., Kennedy, Scarpulla, Rodriguez, Higgitt, JJ.


Plaintiff Adem Arici commenced this action alleging that defendant Andrew Poma breached a stock purchase agreement (SPA), pursuant to which plaintiff sold his shares in Idaho Farmers Market, Inc. (Idaho) to defendant for $1,542,000. Plaintiff claims that defendant failed to make required payments under the SPA. At trial, defendant argued that a subsequently executed promissory note in which Idaho agreed to make the payments to plaintiff extinguished defendant's payment obligation...

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