Legal Opinion

Societe Nationals D'Exploitation Industrielle Des Tabacslumettes v. Salomon Bros. International Ltd.

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

Decided June 16, 1998PublishedCited by 13 opinions

1Opinion of the Court

—Order, Supreme Court, New York County (Charles Ramos, J.), entered February 11, 1998, which, inter alia, granted defendant-respondent’s motion for partial summary judgment dismissing the first cause of action for breach of fiduciary duty, the second cause of action for fraud insofar as it is based on the allegation that the subject derivative swaps were unauthorized, and the sixth cause of action insofar as it is based on the implied covenant of good faith and fair dealing, unanimously affirmed, with costs.

While we do not subscribe to the articulation of New York law in Proctor & Gamble Co.…

2Cases cited9 opinions

  1. Kimmell v. SchaeferNew York Court of Appeals · 1996
  2. Penato v. GeorgeAppellate Division of the Supreme Court of the State of New York · 1976
  3. Wiener v. Lazard Freres & Co.Appellate Division of the Supreme Court of the State of New York · 1998
  4. Stuart Silver Associates, Inc. v. Baco Development Corp.Appellate Division of the Supreme Court of the State of New York · 1997
  5. Imero Fiorentino Associates, Inc. v. GreenAppellate Division of the Supreme Court of the State of New York · 1982

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3Cited by13 opinions

  1. Greenberg Traurig of New York, P.C. v. Moody, Texas Court of Appeals, 14th District (Houston)2005
  2. Henryk De Kwiatkowski v. Bear, Stearns & Co., Inc., Bear, Stearns Securities Corporation, and Bear Stearns Forex Inc., and Albert J. SabiniCourt of Appeals for the Second Circuit · 2002
  3. Vigoda v. DCA Productions Plus Inc.Appellate Division of the Supreme Court of the State of New York · 2002
  4. King County v. IKB Deutsche Industriebank AGDistrict Court, S.D. New York · 2012
  5. Gaidon v. Guardian Life Insurance of AmericaAppellate Division of the Supreme Court of the State of New York · 1998

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