The following excerpt is from Rubinger v. International Telephone & Telegraph Corp., 310 F.2d 552 (2nd Cir. 1962):
3 The plaintiffs made much of this court's opinion in Bender v. Hearst Corp., 263 F. 2d 360 (2 Cir., 1959), in which we held that the power of an owner of a business to sell the business and thereby terminate a distributorship agreement which did not provide for termination is not without limit. That case is not in point here.
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.