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Liffiton v. Santiago

Appellate Division of the Supreme Court of New York, Fourth Department
Nov 10, 1987
134 A.D.2d 924 (N.Y. App. Div. 1987)

Opinion

November 10, 1987

Appeal from the Supreme Court, Erie County, Fudeman, J.

Present — Callahan, J.P., Denman, Boomer, Green and Balio, JJ.


Order unanimously reversed on the law without costs and motion denied. Memorandum: Special Term erred in granting summary judgment to defendant. Plaintiff seeks rescission of an agreement to sell corporate stock to the defendant. Plaintiff has alleged that he owned the stock in question and that he sold it to the defendant under duress because defendant threatened him with criminal prosecution. He also alleged that at the time of the stock transfer for $500, the equity in the corporation exceeded $600,000. The affidavit submitted in response to the motion was sufficient to require a trial of material questions of fact (see, Zuckerman v. City of New York, 49 N.Y.2d 557, 562; Gravenhorst v. Zimmerman, 236 N.Y. 22, 36-39).


Summaries of

Liffiton v. Santiago

Appellate Division of the Supreme Court of New York, Fourth Department
Nov 10, 1987
134 A.D.2d 924 (N.Y. App. Div. 1987)
Case details for

Liffiton v. Santiago

Case Details

Full title:JACK D. LIFFITON et al., Appellants, v. ANTHONY SANTIAGO et al.…

Court:Appellate Division of the Supreme Court of New York, Fourth Department

Date published: Nov 10, 1987

Citations

134 A.D.2d 924 (N.Y. App. Div. 1987)

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