RONI LLC v. ARFA, 15 N.Y.3d 826 (2010)
Court: Court of Appeals of New York
Number: innyco20100916208
Visitors: 27
Filed: Sep. 16, 2010
Latest Update: Sep. 16, 2010
Summary: OPINION OF THE COURT MEMORANDUM. The order of the Appellate Division should be affirmed with costs. Plaintiffs' conclusory pleadings do not give rise to an inference that the attorney defendants knowingly participated in the alleged aiding and abetting of a breach of fiduciary duty by providing substantial assistance to the promoter defendants in their purported commission scheme ( see Kaufman v Cohen, 307 A.D.2d 113 , 126 [1st Dept 2003]; see generally Eurycleia Partners, LP v Seward & Kis
Summary: OPINION OF THE COURT MEMORANDUM. The order of the Appellate Division should be affirmed with costs. Plaintiffs' conclusory pleadings do not give rise to an inference that the attorney defendants knowingly participated in the alleged aiding and abetting of a breach of fiduciary duty by providing substantial assistance to the promoter defendants in their purported commission scheme ( see Kaufman v Cohen, 307 A.D.2d 113 , 126 [1st Dept 2003]; see generally Eurycleia Partners, LP v Seward & Kiss..
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OPINION OF THE COURT
MEMORANDUM.
The order of the Appellate Division should be affirmed with costs. Plaintiffs' conclusory pleadings do not give rise to an inference that the attorney defendants knowingly participated in the alleged aiding and abetting of a breach of fiduciary duty by providing substantial assistance to the promoter defendants in their purported commission scheme (see Kaufman v Cohen, 307 A.D.2d 113, 126 [1st Dept 2003]; see generally Eurycleia Partners, LP v Seward & Kissel, LLP, 12 N.Y.3d 553 [2009]).
On review of submissions pursuant to section 500.11 of the Rules of the Court of Appeals (22 NYCRR 500.11), order affirmed, with costs, in a memorandum.
Source: Leagle
