Legal Opinion

Eurycleia Partners, LP v. Seward & Kissel, LLP

New York Court of Appeals

Decided June 4, 2009PublishedCited by 474 opinions

1Opinion of the Court

OPINION OF THE COURT

Graffeo, J.

Following the collapse of a hedge fund, certain limited partners brought this action sounding in fraud and breach of fiduciary duty against the fund’s attorneys based on the law firm’s failure to disclose improper fund activities and its misrepresentations in the offering memoranda. For the reasons that follow, we affirm the Appellate Division order dismissing the complaint.

In February 2003, John Whittier launched Wood River Partners, LI) a hedge fund in the form of a limited partnership. Whittier was the sole principal and managing member of Wood *557River…

2Cases cited20 opinions

  1. Lama Holding Co. v. Smith Barney Inc.New York Court of Appeals · 1996
  2. EBC I, Inc. v. Goldman, Sachs & Co.New York Court of Appeals · 2005
  3. Ross v. Louise Wise Services, Inc.New York Court of Appeals · 2007
  4. Pludeman v. NORTHERN LEASINGNew York Court of Appeals · 2008
  5. Ruzicka v. RagerNew York Court of Appeals · 1953

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3Cited by474 opinions

  1. Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLCCourt of Appeals for the Second Circuit · 2015
  2. Crawford v. Franklin Credit Management Corp.Court of Appeals for the Second Circuit · 2014
  3. Doctor Fred L. Pasternack v. Laboratory Corporation of America HoldingsNew York Court of Appeals · 2016
  4. Connaughton v. Chipotle Mexican Grill, Inc.New York Court of Appeals · 2017
  5. Krys v. PigottCourt of Appeals for the Second Circuit · 2014

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