Fraudulent Inducement Claim Based on Omission Fails for Lack of Duty to Plaintiff

Fraudulent Inducement Claim Based on Omission Fails for Lack of Duty to Plaintiff

On January 19, 2023, the First Department issued a decision in HOV Servs., Inc. v. ASG Tech. Group, Inc., 2023 NY Slip Op. 00237, holding that a plaintiff could not assert a fraudulent inducement claim based on an omission when the defendant had no duty to the plaintiff . . . Continue reading Fraudulent Inducement Claim Based on Omission Fails for Lack of Duty to Plaintiff

Doing One Transaction in New York Not Doing Business for Purposes of BCL 1312 Registration Requirement

Doing One Transaction in New York Not Doing Business for Purposes of BCL 1312 Registration Requirement

On January 6, 2023, Justice Reed of the New York County Commercial Division issued a decision in Dragons 516 Ltd. v. Knights Genesis Inv. Ltd., 2023 NY Slip Op. 50020(U), holding that doing one transaction in New York does not constitute doing business in New York for the purposes of BCL 1312’s registration requirement . . . Continue reading Doing One Transaction in New York Not Doing Business for Purposes of BCL 1312 Registration Requirement

Motion for Default Judgment Denied for Failure to Submit Either Verified Complaint or Supporting Affidavit

Motion for Default Judgment Denied for Failure to Submit Either Verified Complaint or Supporting Affidavit

On January 6, 2023, Justice Reed of the New York County Commercial Division issued a decision in Quinn v. GCB Capital, LLC, 2023 NY Slip Op. 50015(U), denying a motion for default judgment for failure to submit either a verified complaint or a sufficient supporting affidavit . . . Continue reading Motion for Default Judgment Denied for Failure to Submit Either Verified Complaint or Supporting Affidavit