Oster v. Kirschner
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Manzanet-Daniels, J.
In this case we are presented with the question of whether plaintiffs have adequately alleged claims of aiding and abetting fraud, breach of fiduciary duty, and conversion against a law firm that drafted the private placement memoranda (PPMs) soliciting investment in the Cobalt Multifamily entities, an admitted Ponzi scheme, whereby the main defendants, convicted criminals—one of whom was banned from the securities industry by the Securities and Exchange Commission (SEC)— were able to perpetrate a fraud resulting in over $22 million in losses to…
2Cases cited7 opinions
- Pinter v. DahlSupreme Court of the United States · 1988
- Eurycleia Partners, LP v. Seward & Kissel, LLPNew York Court of Appeals · 2009
- National Westminster Bank USA v. WekselAppellate Division of the Supreme Court of the State of New York · 1987
- Houbigant, Inc. v. Deloitte & Touche, LLPAppellate Division of the Supreme Court of the State of New York · 2003
- Nathel v. SiegalDistrict Court, S.D. New York · 2008
2 more not listed; retrieve them via the Exa API.
3Cited by84 opinions
- Krys v. PigottCourt of Appeals for the Second Circuit · 2014
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2010
- Goel v. RamachandranAppellate Division of the Supreme Court of the State of New York · 2013
- In Re Agape LitigationDistrict Court, E.D. New York · 2011
- Martin Hilti Family Trust v. Knoedler Gallery, LLCDistrict Court, S.D. New York · 2015
79 more not listed; retrieve them via the Exa API.