New York Court of Appeals
Morlee Sales Corp. v. Manufacturers Trust Company, Appellant In the Matter of Manufacturers Trust Company v. Morlee…
January 12, 19619 N.Y.2d 16
Summary
The New York Court of Appeals held that a lease clause permitting cancellation upon the sale of the premises authorizes the purchaser, not only the landlord, to give the required notice. Accordingly, the Court reversed the lower courts' judgment for the tenant and remanded the case for further proceedings.