Legal Opinion
Blue River Gems Inc. v. S.V. & V. Diamond Corp.
New York Supreme Court
Decided December 16, 2016PublishedCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
David B. Cohen, J.
Blue River Gems Inc. (plaintiff) owned a gold and diamond necklace, that plaintiff valued at approximately $400,000. On August 8, 2013, plaintiff consigned the necklace to defendant S.V. & V. Diamond Corp. (SV & V) pursuant to a written memorandum. When SV & V obtained the necklace, the memorandum of consignment stated that the necklace “remained the property of Blue River Gems” and that SV & V acquired “no right or authority to sell, hypothecate or otherwise dispose of the merchandise.”
On August 22, 2013, SV & V transferred the necklace to defendant…
2Cases cited9 opinions
- Colavito v. New York Organ Donor Network, Inc.New York Court of Appeals · 2006
- State v. Seventh Regiment Fund, Inc.New York Court of Appeals · 2002
- Pierpoint v. HoytNew York Court of Appeals · 1932
- Davis v. CarrollDistrict Court, S.D. New York · 2013
- Porter v. WertzNew York Court of Appeals · 1981
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3Cited by1 opinion
- Michael Gross Diamonds Inc. v. VakninAppellate Division of the Supreme Court of the State of New York · 2026