Legal Opinion

Ventur Group, LLC v. Finnerty

Appellate Division of the Supreme Court of the State of New York

Decided December 22, 2009PublishedCited by 21 opinions

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

  1. Braddock v. BraddockAppellate Division of the Supreme Court of the State of New York · 2009
  2. Brunetti v. MusallamAppellate Division of the Supreme Court of the State of New York · 2004
  3. Ust Private Equity Investors Fund, Inc. v. BarneyAppellate Division of the Supreme Court of the State of New York · 2001
  4. Lexington 360 Associates v. First Union National Bank of North CarolinaAppellate Division of the Supreme Court of the State of New York · 1996
  5. Stuart Lipsky, P. C. v. PriceAppellate Division of the Supreme Court of the State of New York · 1995

3Cited by21 opinions

  1. HSH Nordbank AG v. UBS AGAppellate Division of the Supreme Court of the State of New York · 2012
  2. ACA Galleries, Inc. v. KinneyDistrict Court, S.D. New York · 2013
  3. Paraco Gas Corp. v. Travelers Casualty & Surety Co. of AmericaDistrict Court, S.D. New York · 2014
  4. DNJ Logistic Group, Inc. v. DHL Express (USA), Inc.District Court, E.D. New York · 2010
  5. 41-47 Nick LLC v. Odumosu, Civil Court Of The City Of New York, New York County2024

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