Third Manhattan Corp. v. Consolidated Electric Meter Co.

18 A.D.2d 1055, 238 N.Y.S.2d 913, 1963 N.Y. App. Div. LEXIS 4043
Appellate Division of the Supreme Court of the State of New York·Decided April 2, 1963·Published·Cited by 1 cases

Opinion

Judgment unanimously modified on the law and the facts to the extent of reducing the setoff on defendant’s counterclaim to $2,393.78 and, as so modified, affirmed, without costs. The modification refers to two items in defendant’s setoff. Defendant was credited with $495, the contract price for the removal of the meters. Defendant did not remove the meters although requested to do so. This item should have been disallowed. Defendant was also credited with $503, an amount it would have earned had the contract not been cancelled. This sum represents the contract price for the performance of the services and defendant concedes it would have had to pay its employees half this sum for the labor involved. Defendant is entitled to set off its loss on this item, namely, $251.50. Its claim for the total amount is based on the assertion that it did not lay off any employees and its expenses were consequently not reduced. This fact is unimportant. Its measure of damage is still the loss >f profit which is the difference between the contract price and the reasonable cost of performing the service. Concur — Rabin, J. P., Yalente, Stevens, Eager and Steuer, JJ.

Free access — add to your briefcase to read the full text and ask questions with AI

Third Manhattan Corp. v. Consolidated Electric Meter Co., 18 A.D.2d 1055, 238 N.Y.S.2d 913, 1963 N.Y. App. Div. LEXIS 4043 (N.Y. Ct. App. 1963).

18 A.D.2d 1055 (Third Manhattan Corp. v. Consolidated Electric Meter Co.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Lake Steel Erection, Inc. v. Egan
61 A.D.2d 1125 (Appellate Division of the Supreme Court of New York, 1978)