Legal Opinion
Broome v. ML Media Opportunity Partners L.P.
Appellate Division of the Supreme Court of the State of New York
Decided June 8, 2000PublishedCited by 4 opinions
1Opinion of the Court
Order, Supreme *64Court, New York County (Charles Ramos, J.), entered March 4, 1999, which granted defendants’ motions to dismiss the complaints in these two consolidated actions, unanimously affirmed, without costs.
Plaintiffs in the second action, the Bendas plaintiffs, a group of limited partners in a Delaware public limited partnership, lack standing, under both New York and Delaware law, to assert individual or class action claims for breach of contract and breach of fiduciary duty against the partnership, the general partner and the entities controlling the general partner, for the wrongful…
2Cases cited4 opinions
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
- Litman v. Prudential-Bache Properties, Inc.Court of Chancery of Delaware · 1992
- Strain v. Seven Hills AssociatesAppellate Division of the Supreme Court of the State of New York · 1980
- Goetz & Mendelsohn v. National Westminster Bank U.S.A.Appellate Division of the Supreme Court of the State of New York · 1992
3Cited by4 opinions
- Fraternity Fund Ltd. v. Beacon Hill Asset Management LLCDistrict Court, S.D. New York · 2005
- Longo v. Butler Equities II, L.P.Appellate Division of the Supreme Court of the State of New York · 2000
- Morgado Family Partners v. LipperAppellate Division of the Supreme Court of the State of New York · 2005
- Ji Juan Lin v. Bo Jin ZhuAppellate Division of the Supreme Court of the State of New York · 2021