Rachmani Corp. v. 19th Street Associates

Order, Supreme Court, New York County (Kristin Booth Glen, J.), entered September 20, 1993, which, insofar as appealed from, granted defendants’ motion to dismiss the plaintiffs’ fourth cause of action for breach of contract and fiduciary duty, and denied plaintiffs’ cross motion to amend the complaint, unanimously affirmed, without costs.

The IAS Court correctly held that nothing in the agreement between defendants sponsor of the cooperative conversion and plaintiffs selling agent expressly or impliedly required defendants to settle on plaintiffs’ behalf any claims brought against them by…