Vulcan Power Company sued Soo Min Fay, and others, after a group of investors tried to back out of a stockholder's agreement. And after the New York County Supreme Court declared that agreement binding, Fay and her co-defendants appealed.
Not surprisingly, the Appellate Division, First Department, also took no stock in the defendants' claim that they hadn't read the contract, since signers of a document have a "duty to read and understand that which [they have] signed."
That was logical.
To view a copy of the Appellate Division's decision, please use this link: Vulcan Power Co. v. Munson