Summary Judgment in lieu of Complaint Unavailable on Guaranty Requiring Non-Payment Performance

Summary Judgment in lieu of Complaint Unavailable on Guaranty Requiring Non-Payment Performance

On May 26, 2023, Justice Chan of the New York County Commercial Division issued a decision in Itria Ventures LLC v. Singh Oil Corp., 2023 NY Slip Op. 31809(U), holding that summary judgment in lieu of complaint was unavailable on a guaranty that required non-payment performance . . . Continue reading Summary Judgment in lieu of Complaint Unavailable on Guaranty Requiring Non-Payment Performance

Legal Malpractice Claim Fails for Lack of Facts Showing That Alleged Malpractice Caused the Plaintiff’s Loss

Legal Malpractice Claim Fails for Lack of Facts Showing That Alleged Malpractice Caused the Plaintiff’s Loss

On May 31, 2023, the Second Department issued a decision in Floral Park Ophthalmology, P.C. v. Ruskin Moscou Faltischek, LLP, 2023 NY Slip Op. 02863, holding that a legal malpractice claim failed for lack of facts showing that the alleged malpractice caused the plaintiff’s loss . . . Continue reading Legal Malpractice Claim Fails for Lack of Facts Showing That Alleged Malpractice Caused the Plaintiff’s Loss

Even Though Defendant Did Not Have a Fiduciary Duty to the Plaintiff, it Had a Sufficiently Close Relationship That it Could be Liable for Negligence

Even Though Defendant Did Not Have a Fiduciary Duty to the Plaintiff, it Had a Sufficiently Close Relationship That it Could be Liable for Negligence

On May 30, 2023, the First Department issued a decision in ERA Capital L.P. v. Soleil Chartered Bank, 2023 NY Slip Op. 02845, holding that even though the defendant did not have a fiduciary duty to the plaintiff, it had a sufficiently close relationship that it could be held liable for negligence . . . Continue reading Even Though Defendant Did Not Have a Fiduciary Duty to the Plaintiff, it Had a Sufficiently Close Relationship That it Could be Liable for Negligence