Legal Opinion

Lee v. Manchester Real Estate & Construction, LLC

Appellate Division of the Supreme Court of the State of New York

Decided June 24, 2014Published

1Opinion of the Court

Order, Supreme Court, New York County (Joan A. Madden, J.), entered February 25, 2013, which, to the extent appealed from as limited by the briefs, denied defendant’s motion for summary judgment on its counterclaim for breach of fiduciary duty, unanimously affirmed, with costs.

The motion was properly denied since triable issues of fact exist as to whether plaintiff, the former Chief Investment Officer of defendant (Manchester), usurped corporate opportunities by forwarding emails sent to Manchester containing real estate investment opportunities to Royalton Capital, Inc. (Royalton), a…

2Cases cited5 opinions

  1. Alexander & Alexander of New York, Inc. v. FritzenAppellate Division of the Supreme Court of the State of New York · 1989
  2. Ackerman v. 305 East 40th Owners Corp.Appellate Division of the Supreme Court of the State of New York · 1993
  3. Fender v. PrescottAppellate Division of the Supreme Court of the State of New York · 1984
  4. Fender v. PrescottNew York Court of Appeals · 1985
  5. Samantha Enterprises, Inc. v. Elizabeth Street, Inc.Appellate Division of the Supreme Court of the State of New York · 2004

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