Learn About the Law
Get help with your legal needs
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.
HARPER INVESTMENTS, INC., et al., Plaintiffs–Appellants, v. HARPER–KILGORE, LLC, now known as KilGore Companies, LLC, et al., Defendants–Respondents.
Order, Supreme Court, New York County (O. Peter Sherwood, J.), entered April 29, 2011, which, to the extent appealed from as limited by the briefs, directed that the matter be submitted to an independent accountant, as provided for under section 2.10(c) of the parties' asset purchase agreement, unanimously affirmed, with costs.
As a threshold matter, this appeal is properly before us, as the motion to reargue before Supreme Court was limited to a request to reinstate the complaint, and did not change any aspect of the issue now on appeal—namely, Supreme Court's referral of the matter to the accountant without any limitation on the issues to be decided (see Fox v. Issler, 77 A.D.2d 860, 431 N.Y.S.2d 69 [1980]; CPLR 5517[a][1] ).
On the merits, we perceive no basis to require the court to determine or limit the issues to be decided by the accountant, where the agreement between the parties is sufficient to inform the accountant and the parties as to the proper scope of the accounting. Indeed, plaintiffs have not even articulated a disagreement with defendants as to the scope of the accounting. Moreover, where, as here, the issues before Supreme Court and the accountant appear inextricably intertwined, as in an arbitration, “the proper course is to stay judicial proceedings pending completion of the [accounting],” since “the determination of issues in [the accounting] may well dispose of non [accounting] matters” (County Glass & Metal Installers, Inc. v. Pavarini McGovern, LLC, 65 A.D.3d 940, 940, 885 N.Y.S.2d 288 [2009], quoting Cohen v. Ark Asset Holdings, 268 A.D.2d 285, 286, 701 N.Y.S.2d 385 [2000] ).
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes visit FindLaw's Learn About the Law.
Decided: May 22, 2012
Court: Supreme Court, Appellate Division, First Department, New York.
Search our directory by legal issue
Enter information in one or both fields (Required)
Harness the power of our directory with your own profile. Select the button below to sign up.
Learn more about FindLaw’s newsletters, including our terms of use and privacy policy.
Get help with your legal needs
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.
Search our directory by legal issue
Enter information in one or both fields (Required)