Challenge Graphics Services Inc. V.

676 Words2 Pages

The title of case is Decision on Damages. The case involves a contract issue. It was decided in Supreme Court- State of New York Commercial Division Trial Term, Part 44 Suffolk County, and entered in July 13, 2017. Theresa Federico who is plaintiff brings the action against defendants Anthony Brancatob and Joseph Brancatob who the action are brought. The plaintiff and defendants are in the same family. The family has a commercial printing business named Challenge Graphics Services, Inc. ("Challenge Graphics"). Both plaintiff and defendant are the shareholders of the business. They signed an agreement when they entered the organization called "Shareholders Agreement" which contained two clauses that the plaintiff thought she was damaged. One …show more content…

The plaintiff’s expert counted the damage for three periods that began from the date when the plaintiff was removed as a signatory on Challenge Graphics' checking account, to the date when the plaintiff’s expert reported, the date when the plaintiff retired at the age of 67, the predicted date when the plaintiff dead at the age of 85.7. The defendants' expert counted the plaintiff's damages for two periods that began from the date when the plaintiff's salary was deducted from $100,100 a year to $10,000 a year to the date when the Shareholders Agreement would have been terminated but for the temporary restraining order, and to the date when the employment was actually terminated. The court took the time from June 4, 2012, when the plaintiff’s salary was deducted to September 8, 2014 when the plaintiff’s employment was terminated. The court calculated that any benefits the company would give plus her original salary is $226,370. Then, minus her actual received salary of $23,111 is 203,259 was lost. In addition, plus the commissions which the plaintiff would earned $39,696 and bonuses of $42,911; also, Challenge Graphics would have made payments of $14,828 for her mobile issues and that Challenge Graphics would have made payments in the amount of $1,537 for the preparation of her taxes. To sum up, the court found that the plaintiff's damages can be

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