Legal Question in Business Law in New York

Re: Options contract

There is a rarely used law under CPLR 3102 that allows for information (discovery) before an action is commenced. The law states "Before an action is commenced, disclosure to aid in bringing an action, to preserve information or to aid in arbitration, may be obtained, but only by court order. The court may appoint a referee to take testimony."

Since you have an interest in the sale, and you want to enforce your contract with the company, yes, you would have the right to see details of the sale. And if the company refuses to provide the details, you would have the right to discovery to obtain the information.

Mike.

Re: Options contract

I agree with Mr. Markowitz.

I would first start by making a written demand for the sale contract, and make certain that all of the signatures are on it.

The next step would be for you to retain a lawyer to enforce your rights.

If you would like to retain the services of this firm, please feel free to contact me.

Re: Options contract

I agree with Mr. Markowitz.

I would first start by making a written demand for the sale contract, and make certain that all of the signatures are on it.

The next step would be for you to retain a lawyer to enforce your rights.

If you would like to retain the services of this firm, please feel free to contact me.