50 A.D.2d 761 | N.Y. App. Div. | 1975
— Judgment, Supreme Court, New York County, entered April 3, 1975, awarding plaintiff damages of $59,187.03 against defendants Modern Deb, Inc., and the First Republic Corporation of America, but dismissing the action against defendants Galapago, Ltd., and Murray Lincoln, Inc., unanimously modified, on the law and the facts, to the extent of also dismissing the action against the First Republic Corporation of America and increasing the damage award against Modern Deb, Inc., to $108,330.50 plus interest, and as so modified, the judgment is affirmed, without costs and disbursements. The relevant circumstances in this action for damages for breach of an employment contract are as follows: plaintiff had been a shareholder and officer of defendant Modern Deb, Inc., when on December 31, 1968, all of the stock of Modern Deb was