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Laszlo HAJDU-NEMETH, Plaintiff-Respondent, v. Peter ZACHARIOU, et al., Defendants-Appellants, ASD Group, Inc., etc., Defendant.
Order, Supreme Court, New York County (Walter Tolub, J.), entered on or about October 9, 2002, which, to the extent appealed from as limited by the brief, denied the motion of defendants-appellants to dismiss the complaint, unanimously affirmed, without costs.
Defendants' assertions that plaintiff's action to recover damages for breach of an employment contract should be dismissed because the “Letter of Intent” sued upon is not a binding agreement, and because plaintiff is, in any event, without standing to rely upon the letter, are without merit. That the document at issue is referred to as a “Letter of Intent” is not conclusive of whether it may be viewed as binding (see City of New York v. Pennsylvania R.R. Co., 37 N.Y.2d 298, 300, 372 N.Y.S.2d 56, 333 N.E.2d 361). Indeed, the “Letter of Intent” expressly provides that it “constitutes a binding contract until such time as the definitive agreements referenced [therein] are executed” and that “the parties shall be legally bound [thereby] once this Letter of Intent has been executed.” The alleged agreement is supported by consideration inasmuch as plaintiff promised therein to provide defendants with consulting services (see Weiner v. McGraw-Hill Inc., 57 N.Y.2d 458, 464, 457 N.Y.S.2d 193, 443 N.E.2d 441), and it appears that pursuant to the alleged agreement plaintiff rendered such services for some 17 weeks and was paid in part by defendants (see NJP Enters., Inc. v. Shooze, Inc., 280 A.D.2d 533, 534, 720 N.Y.S.2d 190). Plaintiff, as a signatory to the alleged agreement, has standing to sue for its enforcement.
We have considered defendants' remaining arguments and find them unavailing.
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Decided: October 09, 2003
Court: Supreme Court, Appellate Division, First Department, New York.
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FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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