Khazzam v. Tremont Advisers, Inc.

—Order, Supreme Court, New York County (Lorraine S. Miller, J.), entered August 22, 1994 which, insofar as appealed from, denied plaintiffs’ motion to dismiss defendants’ third affirmative defense, asserting lack of jurisdiction, and seventh affirmative defense, based on the Statute of Frauds, affirmed, without costs.

Plaintiff Sass Khazzam allegedly developed the concept of marketing an off-shore, multi-manager investment fund for Latin American investors based in the Miami, Florida area. Khazzam thereafter met with Sandra Manzke, an officer and director of defendant corporations, which are…