Ventur Group, LLC v. Finnerty
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
After engaging in almost a year of discussions, plaintiff entered into a purchase agreement to acquire the assets of two investment advisory firms (Wealth Management and Asset Management), which were owned by defendant Finnerty. Under the agreement, these assets consisted of management agreements with clients, which could not be assigned without consent. It further provided that “there can be no assurance that Client Consent can or will be obtained with respect to any Management Agreement or any particular number of Management Agreements,” and no adjustment to the purchase price would be made…
2Cases cited5 opinions
- Braddock v. BraddockAppellate Division of the Supreme Court of the State of New York · 2009
- Brunetti v. MusallamAppellate Division of the Supreme Court of the State of New York · 2004
- Ust Private Equity Investors Fund, Inc. v. BarneyAppellate Division of the Supreme Court of the State of New York · 2001
- Lexington 360 Associates v. First Union National Bank of North CarolinaAppellate Division of the Supreme Court of the State of New York · 1996
- Stuart Lipsky, P. C. v. PriceAppellate Division of the Supreme Court of the State of New York · 1995
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- DNJ Logistic Group, Inc. v. DHL Express (USA), Inc.District Court, E.D. New York · 2010
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