Muzak Corp. v. Trattner
Muzak Corp. v. Trattner
28 Misc. 2d 504; 208 N.Y.S.2d 139; 1960 N.Y. Misc. LEXIS 2111
Opinion of the Court
The contract provided for liquidated damages in the event defendant cancelled the agreement at the end of any yearly period. The provision for liquidated damages did not constitute a penalty. Its effect is to compensate plaintiff for permitting defendant to terminate his contractual obligations (McCready v. Lindenborn, 172 N. Y. 400 ; Norris v. McMechen, 135 Misc. 361 ; Silver Dresses, v. Parker, 73 N. Y. S. 2d 704).
Concur — Hecht, J. P., Steuer and Timer, JJ.
Judgment modified, etc.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.