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In re McManus

432 N.E.2d 601, 55 N.Y.2d 855, 447 N.Y.S.2d 708, 1982 N.Y. LEXIS 3064
CourtNew York Court of Appeals
DecidedJanuary 14, 1982
StatusPublished
Cited by11 cases

This text of 432 N.E.2d 601 (In re McManus) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re McManus, 432 N.E.2d 601, 55 N.Y.2d 855, 447 N.Y.S.2d 708, 1982 N.Y. LEXIS 3064 (N.Y. 1982).

Opinion

OPINION OF THE COURT

On summary consideration, order affirmed, with costs. We agree with the Appellate Division that “[ajpplying fundamental principles of contract law, it is apparent that the petitioner’s letter of December 14,1979 was an unqualified, seasonable expression of acceptance of appellant’s offer of stock at a price to be computed in accordance with [857]*857the formula contained in the shareholders’ agreements” (83 AD2d 553; see Martin Delicatessen v Schumacher, 52 NY2d 105, 110; 1 Corbin, Contracts, §§ 97-98).

Concur: Chief Judge Cooke and Judges Jasen, Gabrielli, Wachtler, Fuchsberg and Meyer. Taking no part: Judge Jones.

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Bluebook (online)
432 N.E.2d 601, 55 N.Y.2d 855, 447 N.Y.S.2d 708, 1982 N.Y. LEXIS 3064, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-mcmanus-ny-1982.