Court Opinion

ID: 8718725
Source: CourtListenerOpinion
Date Created: 2022-11-26 08:11:05.781132+00
Date Added: 2024-06-11T16:58:56.021981
License: Public Domain

SWEENEY, Chief Judge.
There is before me a Motion for Summary Judgment filed by the defendants. This motion was filed on January 11, 1954, after many depositions had been taken. As opposed to the motion and the testimony adduced at the taking of the depositions, the plaintiff has filed an .affidavit in which one Louis Bandler .says “we were at all times ready, willing and able to consummate the deal * 'This affidavit was made on July 8, 1953. As the action had only commenced a few ■days previous, it can hardly be said that the affidavit was prepared as a counter-affidavit on the Motion for Summary Judgment. We need not decide that point, as the motion will be allowed on .another ground.
In this action the plaintiff asks for a $250,000 commission and states that he had a buyer who was “ready, willing and able” to purchase the defendant’s business on the defendant’s terms, but that -the defendant failed to go through with its original contract. The Louis Bandler affidavit of July 8, 1953, states that very thing in no uncertain terms. The ■depositions which were taken later of Bandler and others disclose that on the day in question, March 3, 1950, the purported purchaser, Blue Moon Foods, Inc., and its subsidiary, June Dairy Products, Inc., did not have the requisite $1,000,000 as a down payment on the purchase price. We can assume, "however, that they would have been able "to get it shortly. Still the Motion for •Summary Judgment would have to be allowed because of a further and serious ■defect in the .ability to buy on the part ■of the proposed purchasers. Already 'there were outstanding mortgages on the assets of both of these companies "which forbade either company from going into or taking over another business. ■Certainly, under those circumstances it could not be said that the plaintiffs had procured a customer who was “able” to buy.
From the foregoing, I conclude and rule that the Motion for Summary Judgment is to be allowed.