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TOMHANNOCK, LLC v. ROUSTABOUT RESOURCES, LLC

No. 52.

33 N.Y.3d 1080 (2019)

128 N.E.3d 674

104 N.Y.S.3d 596

2019 NY Slip Op 05058

TOMHANNOCK, LLC, Respondent, v. ROUSTABOUT RESOURCES, LLC, Appellant, et al., Defendants.

Court of Appeals of New York.

Decided June 25, 2019.

Attorney(s) appearing for the Case

Gilchrist Tingley, P.C., Troy (Andrew W. Gilchrist and Jonathon B. Tingley of counsel), for appellant.

The Spain Law Firm, PLLC, Troy (Thomas D. Spain of counsel); for respondent.

OPINION OF THE COURT

MEMORANDUM.

The Supreme Court order appealed from and the Appellate Division order brought up for review should be affirmed, with costs.

In 2002, plaintiff Tomhannock, LLC sold a parcel of land to a predecessor-in-title of defendant Roustabout Resources, LLC. As part of the sale, the parties entered into an option agreement which gave Tomhannock the option to demand reconveyance of a portion of the land in consideration for a...

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