2138747 Ontario, Inc. v. Samsung C&T Corp.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Gische, J.
On this appeal, we are called upon to decide whether a broadly drawn contractual choice-of-law provision, that provides for the agreement to be “governed by, construed and enforced” in accordance with New York law, precludes the application of New York’s borrowing statute (CPLR 202). We find that it does not. Where, as here, the plaintiff is a nonresident, alleging an economic claim that took place outside of New York, the time limitations provisions in the borrowing statute apply, regardless of whether the parties’ contractual choice-of-law agreement can be…
2Cases cited9 opinions
- John J. Kassner & Co. v. City of New YorkNew York Court of Appeals · 1979
- Global Financial Corp. v. Triarc Corp.New York Court of Appeals · 1999
- Smith Barney, Harris Upham & Co. v. LuckieNew York Court of Appeals · 1995
- The Ministers and Missionaries Benefit Board v. Leon Snow v. The Estate of Clark FlesherNew York Court of Appeals · 2015
- Tanges v. Heidelberg North America, Inc.New York Court of Appeals · 1999
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3Cited by6 opinions
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- Multibank, Inc. v. Access Global Capital LLCNew York Supreme Court · 2017
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