Permasteelisa, S.p.a. v. Lincolnshire Management, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Karla Moskowitz, J.), entered August 2, 2004, which granted defendants’ motions to dismiss the complaint, unanimously affirmed, with separate bills of costs.
In this action arising from plaintiffs purchase of its largest New York competitor in the curtain wall industry, the motion court correctly found that plaintiff could not show the requisite reasonable reliance to support its fraud claim based on a provision in the parties’ agreement acknowledging that plaintiff had all of the information necessary to make an informed decision with respect to the…
2Cases cited3 opinions
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- Basis Yield Alpha Fund Master v. StanleyAppellate Division of the Supreme Court of the State of New York · 2015
- Louros v. KreicasDistrict Court, S.D. New York · 2005
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