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TRAIN v. ARDSHIEL ASSOCIATES, INC.

No. 83 Civ. 2584 (LLS).

635 F.Supp. 274 (1986)

Martin A. TRAIN and Vantage International, Plaintiffs, v. ARDSHIEL ASSOCIATES, INC., et al., Defendants.

United States District Court, S.D. New York.

May 15, 1986.

Attorney(s) appearing for the Case

Jerome A. Halperin, P.C. (Jerome R. Halperin, Alice Slater, of counsel), Fryer, Ross & Gowen, (Gerald E. Ross, of counsel), New York City, for plaintiffs.

Pollack & Kaminsky (Daniel A. Pollack, Edward T. McDermott, of counsel), New York City, for defendants.

OPINION

STANTON, District Judge.

This case presents one of the recurring types of disputes which arise when a large acquisition or merger has been completed and a brokerage commission or finder's fee is sought, based on an asserted oral agreement. Here the claim is by an alleged finder for a share of the fee already collected from the principal by a firm of financial consultants. It raises the familiar questions...

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