Muzak Corp. v. Trattner
This text of 28 Misc. 2d 504 (Muzak Corp. v. Trattner) is published on Counsel Stack Legal Research, covering Appellate Terms of the Supreme Court of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The contract provided for liquidated damages in the event defendant cancelled the agreement at the end of any yearly period. The provision for liquidated damages did not constitute a penalty. Its effect is to compensate plaintiff for permitting defendant to terminate his contractual obligations (McCready v. Lindenborn, 172 N. Y. 400 ; Norris v. McMechen, 135 Misc. 361 ; Silver Dresses, v. Parker, 73 N. Y. S. 2d 704).
[505]*505The judgment should be modified by increasing the recovery to $430.83, with interest and costs, and as modified affirmed, with $25 costs to plaintiff.
Concur — Hecht, J. P., Steuer and Timer, JJ.
Judgment modified, etc.
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Cite This Page — Counsel Stack
28 Misc. 2d 504, 208 N.Y.S.2d 139, 1960 N.Y. Misc. LEXIS 2111, Counsel Stack Legal Research, https://law.counselstack.com/opinion/muzak-corp-v-trattner-nyappterm-1960.