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Cabot Orton v. Eliot Orton, Gardner Orton

A Commercial - Contract case was filed by (Subcribe to view) represented by (Subcribe to view) against (Subscribe to view) in the jurisdiction of New York County.

Case Details

Case Number

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Filing Date

May 06, 2024

Last Refreshed

May 09, 2024

Filing Location

New York County, NY

Filing Court House

Supreme

Category

Commercial - Contract

Practice Area

Commercial

Matter Type

Breach of Contract

Overview

VCS was opened in 1946 in Weston, Vermont by Lyman’s parents, Vrest and

Mildred, as the first restored rural general store in the United States. Over the decades that

followed, and under Lyman’s leadership, the store expanded to an additional brick-and-mortar

location and a tremendously successful catalog and internet order business.

In the early 2000’s, Lyman decided to transition ownership and operation of VCS

to his three sons, Plaintiff, Eliot and Gardner and formed the Trust on or about June 5, 2002,

naming William O. Cranshaw as Trustee (the “Trustee”) and Plaintiff and Defendants as

beneficiaries.

In or around 2010, Lyman sold all of his voting shares in VCS to the Trust and

therefore the Trust holds those shares as assets, along with other non-VCS related assets and

property.

As of Lyman’s sale of his voting shares in VCS to the Trust in or around 2010 and

following a judicial modification of the Trust in 2011, Plaintiff and Defendants became active

086542\2\170724006.v1 3

Causes of Action

FACTS COMMON TO ALL CAUSES OF ACTION

1. Declaratory Judgment

2. Breach of Contract: Specific Performance

3. Promissory Estoppel

Case Complaint Summary

This complaint is a legal action brought by Cabot Orton against his brothers, Eliot Orton and Gardner Orton. The complaint alleges that the defendants refused to recognize a binding agreement they entered into with the plaintiff regarding the Lym…...

Parties

Plaintiffs

Cabot Orton

Attorneys for Plaintiffs

Heim, Robert Gerard
Krinsky, Andrew N
Temchin, Jonathan Eric

Defendants

Eliot Orton
Gardner Orton

Case Documents

SUMMONS COMPLAINT

Date: May 06, 2024

Case Events

Type Description
SUMMONS + COMPLAINT

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