Manhattan Real Estate Equities Group LLC v. Pine Equity, NY, Inc.
This text of 16 A.D.3d 292 (Manhattan Real Estate Equities Group LLC v. Pine Equity, NY, Inc.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Order, Supreme Court, New York County (Herman Cahn, J.), entered September 2, 2004, which granted plaintiffs motion for a preliminary injunction, unanimously affirmed, without costs.
In this action alleging breach of a noncompetition agreement made in connection with the sale by appellants of a certain segment of their business and goodwill to plaintiff, plaintiff in seeking a preliminary injunction adequately demonstrated a likelihood of success on the merits, irreparable injury in the absence of the sought relief, and a balance of the equities in its favor (see W.T. Grant Co. v Srogi, 52 NY2d 496, 517 [1981]). The evidence of the breaches alleged by plaintiff was of sufficient strength to warrant a finding that plaintiff was likely to succeed on the merits, notwithstanding any triable issues raised by appellants (see CPLR 6312 [c]; Frank May Assoc., Inc. v Boughton, 281 AD2d 673, 675 [2001]). We note as well that irreparable injury is presumed from the breach of a noncompetition agreement entered into to protect a buyer’s purchase of a business and accompanying goodwill (see Lund v Agmata Washington Enters., Inc., 190 AD2d 577 [1993]; Hay Group, Inc. v Nadel, 170 AD2d 398, 399 [1991]).
We have considered appellants’ remaining arguments and find them unavailing. Concur—Buckley, P.J., Tom, Saxe, Friedman and Sweeny, JJ. [See 7 Misc 3d 1008(A), 2004 NY Slip Op 51869(U) (2004).]
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16 A.D.3d 292, 791 N.Y.S.2d 418, 2005 N.Y. App. Div. LEXIS 3246, Counsel Stack Legal Research, https://law.counselstack.com/opinion/manhattan-real-estate-equities-group-llc-v-pine-equity-ny-inc-nyappdiv-2005.