Seretis v. Fashion Vault Corp.

Order and judgment (one paper), Supreme Court, New York County (Sue Ann Hoahng, Special Ref.), entered August 21, 2012 (as an order) and October 9, 2012 (as a judgment), dismissing plaintiffs claims, unanimously affirmed, without costs.

By the time of trial, the only remaining causes of action were the first, for an accounting; the second, alleging that defendant Frederick Margulies had converted and misappropriated nominal defendant Fashion Vault Corp.’s assets; the third, alleging that Margulies had breached his fiduciary duty to Fashion Vault; and the eighth, alleging that Margulies had…