Under Borrowing Statute, if Foreign Jurisdiction Does Not Have Same Claim as New York, Court Must Use Cause of Action Most Analogous to New York Cause of Action

Under Borrowing Statute, if Foreign Jurisdiction Does Not Have Same Claim as New York, Court Must Use Cause of Action Most Analogous to New York Cause of Action

On February 2, 2023, the First Department issued a decision in Andes Petroleum Ecuador Ltd. v. Occidental Petroleum Co., 2023 NY Slip Op. 00481, holding that under New York’s borrowing statute, if the foreign jurisdiction does not have the same claim as New York, the court must use the foreign cause of action most closely analogous to the New York cause of action . . . Continue reading Under Borrowing Statute, if Foreign Jurisdiction Does Not Have Same Claim as New York, Court Must Use Cause of Action Most Analogous to New York Cause of Action

Statute of Limitations for Theft of Trade Secrets Accrues When Plaintiff is Damaged, Not When Theft Occurs

Statute of Limitations for Theft of Trade Secrets Accrues When Plaintiff is Damaged, Not When Theft Occurs

On December 22, 2022, the First Department issued a decision in Continental Indus. Group, Inc. v. Ustuntas, 2022 NY Slip Op. 07294, holding that a theft of trade secrets claim accrues when a plaintiff is damaged, not when the theft occurs . . . Continue reading Statute of Limitations for Theft of Trade Secrets Accrues When Plaintiff is Damaged, Not When Theft Occurs

Making Mortgage Payments is an Acknowledgement of a Debt That Restarts the Running of the Statute of Limitations

Making Mortgage Payments is an Acknowledgement of a Debt That Restarts the Running of the Statute of Limitations

On November 17, 2022, the Court of Appeals issued a decision in Federal Natl. Mtge. Assn. v. Jeanty, 2022 NY Slip Op. 06539, holding that making mortgage payments is an acknowledgement of a debt that restarts the running of the statute of limitations . . . Continue reading Making Mortgage Payments is an Acknowledgement of a Debt That Restarts the Running of the Statute of Limitations

Breach of Contract Action Duplicative of Malpractice Action

Breach of Contract Action Duplicative of Malpractice Action

On September 6, 2022, Justice Knipel of the Kings County Commercial Division issued a decision in Trump Vil. Section 4, Inc. v. Lawless & Mangione Architects Engrs. LLP, 2022 NY Slip Op. 33159(U), holding that a breach of contract action was duplicative to a time-barred malpractice action . . . Continue reading Breach of Contract Action Duplicative of Malpractice Action