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Stratford Fin. v. Sec. Pac. Natl. BK

District Court of Appeal of Florida, Third District
Jul 9, 1991
580 So. 2d 806 (Fla. Dist. Ct. App. 1991)

Opinion

Nos. 90-1837, 90-2062.

May 14, 1991. Rehearing Denied July 9, 1991.

Appeal from the Circuit Court, Dade County, Joseph M. Nadler, J.

Rubin, Baum, Levin, Constant, Friedman Bilzin and David W. Trench, Miami, for appellants.

Gilbride, Heller Brown and Dyanne E. Feinberg, Miami, for appellees Southern Air Transport, Inc., James H. Bastain, William Langton and Robert Mason.

Kenny Nachwalter Seymour Arnold and Harry R. Schafer, Miami, for appellees Sec. Pacific Nat. Bank and Thomas Hewson.

Before BARKDULL, NESBITT and LEVY, JJ.


We find no error in the trial court holding that the underlying brokerage contract between a New York resident, and a Florida corporation, was an oral agreement, governed by the law of the State of New York, and non-enforceable, because of the New York Statute of Frauds.

Horn Hardart Co. v. Pillsbury Co., 888 F.2d 8 (2d Cir. 1989); City of Yonkers v. Otis Elevator Co., 649 F. Supp. 716 (S.D.N.Y. 1986); O'Keeffe v. Bry, 456 F. Supp. 822 (S.D.N Y 1978); Crabtree v. Elizabeth Arden Sales Corp., 305 N.Y. 48, 110 N.E.2d 551 (N.Y. 1953); Intercontinental Planning, Ltd. v. Daystrom, Inc., 24 N.Y.2d 372, 248 N.E.2d 576, 300 N.Y.S.2d 817 (N.Y. 1969).

The New York Statute of Frauds reads in pertinent part as follows: Section 5-701-AGREEMENTS REQUIRED TO BE IN WRITING (a.) "Every agreement, promise or undertaking is void, unless it or some note or memorandum thereof be in writing, and subscribed by the party to be charged therewith, or by his lawful agent, if such agreement, promise or undertaking;
(10.) Is a contract to pay compensation for services rendered in negotiating a loan . . . "Negotiating" includes procurring an introduction to a party to the transaction or assisting in the negotiation or the consummation of the transaction." Title 7, New York General Obligations Law, Section 5-701(a)(10), (McKinney).

The brokerage commission was to be payable out of the proceeds of any closing. The closing took place in New York, therefore, this being the last act to complete the contract, it was a New York contract. See e.g. Charles L. Bowman Co. v. Erwin, 468 F.2d 1293 (5th Cir. 1972); Center Chemical Co. v. Avril, Inc., 392 F.2d 289 (5th Cir. 1968); Kane v. Hallmark Ins. Co., 409 F. Supp. 467 (S.D.Fla. 1976); Goodman v. Olsen, 305 So.2d 753 (Fla. 1974); Wingold v. Horowitz, 292 So.2d 585 (Fla. 1974); Ray-Hof Agencies, Inc. v. Petersen, 123 So.2d 251 (Fla. 1960); Jemco, Inc. v. United Parcel Service, Inc., 400 So.2d 499 (Fla. 3d DCA 1981); Andrews v. Continental Ins. Co., 444 So.2d 479 (Fla. 5th DCA 1984); Confederation Life Association v. Vega Y Arminan, 207 So.2d 33 (Fla. 3d DCA 1968); 1 WILLISTON ON CONTRACTS § 97, (Third Edition 1957). Moreover, there is no right to recover upon an oral brokerage commission in the State of New York. See Philo Smith Co., Inc. v. Uslife Corp., 554 F.2d 34 (2d Cir. 1977); Hardy-Latham v. Wellons, 415 F.2d 674 (4th Cir. 1968); Freedman v. Chemical Const. Corp., 56 A.D.2d 514, 391 N.Y.S.2d 122 (N.Y. App. Div. 1977); Roberts v. Champion International, Inc., 52 A.D.2d 773, 382 N.Y.S.2d 790 (N.Y. App. Div. 197 6); Title 7, New York General Obligations Law, § 5-701 (McKinney).

Affirmed.


Summaries of

Stratford Fin. v. Sec. Pac. Natl. BK

District Court of Appeal of Florida, Third District
Jul 9, 1991
580 So. 2d 806 (Fla. Dist. Ct. App. 1991)
Case details for

Stratford Fin. v. Sec. Pac. Natl. BK

Case Details

Full title:STRATFORD FINANCIAL CORPORATION AND AMERICAN AIRLEASE CORP., APPELLANTS…

Court:District Court of Appeal of Florida, Third District

Date published: Jul 9, 1991

Citations

580 So. 2d 806 (Fla. Dist. Ct. App. 1991)

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