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Calspan Corporation v. Fingermatrix, Inc.

Appellate Division of the Supreme Court of New York, Second Department
Oct 29, 1984
104 A.D.2d 1016 (N.Y. App. Div. 1984)

Opinion

October 29, 1984

Appeal from the Supreme Court, Westchester County, Nicolai, J., Ingrassia, J.


Judgment affirmed, with costs.

The evidence adduced at this extended trial supports the conclusion of the trial court, as trier of the facts, that defendant failed to establish by clear and convincing evidence that in purchasing plaintiff's business it justifiably relied upon oral misrepresentations made by plaintiff as to the capabilities of the equipment being transferred ( Simcuski v Saeli, 44 N.Y.2d 442). Defendant was aware from early on in the negotiations that certain of the equipment was not performing up to its represented capacity, yet it failed to make adequate investigations or secure guarantees before closing the sale of the business to insure that the equipment being sold was sufficient to meet its needs. These facts and circumstances support the trial court's finding that it was unreasonable for defendant to rely upon the representations ( Edmar Creations v Instrument Systems Corp., 74 A.D.2d 632). Lazer, J.P., Brown, Boyers and Eiber, JJ., concur.


Summaries of

Calspan Corporation v. Fingermatrix, Inc.

Appellate Division of the Supreme Court of New York, Second Department
Oct 29, 1984
104 A.D.2d 1016 (N.Y. App. Div. 1984)
Case details for

Calspan Corporation v. Fingermatrix, Inc.

Case Details

Full title:CALSPAN CORPORATION, Respondent, v. FINGERMATRIX, INC., Appellant

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Oct 29, 1984

Citations

104 A.D.2d 1016 (N.Y. App. Div. 1984)

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