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KESSEL BRENT CORPORATION and Christopher C. Vescera, Plaintiffs-Appellants, v. BENDERSON PROPERTY DEVELOPMENT, INC., Defendant-Respondent.
Plaintiffs commenced this action seeking damages arising from defendant's alleged breach of the parties' agreement pursuant to which defendant was to purchase real property from plaintiff. Supreme Court properly granted the motion of defendant for summary judgment dismissing the complaint and for judgment on its counterclaim seeking the return of its deposit, and the court properly denied plaintiffs' cross motion seeking summary judgment on the complaint. Defendant established that the agreement automatically terminated pursuant to paragraph 6.1 and, as a result, defendant is released from any liability under the agreement and is entitled to the return of its deposit. Plaintiffs' submissions in opposition to the motion fail to raise a triable issue of fact (see generally Zuckerman v. City of New York, 49 N.Y.2d 557, 562, 427 N.Y.S.2d 595, 404 N.E.2d 718).
It is hereby ORDERED that the order so appealed from be and the same hereby is unanimously affirmed with costs.
MEMORANDUM:
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Decided: November 09, 2007
Court: Supreme Court, Appellate Division, Fourth 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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