Milbank, Tweed, Hadley & McCloy v. Chan Cher Boon
Court of Appeals for the Second Circuit
1Opinion of the Court
REAVLEY, Circuit Judge:
The New York law firm of Milbank, Tweed, Hadley & McCloy (“Milbank”) appeals from a judgment awarding Carol Sui-Han Leo (“Mrs. Leo”) $2,000,000 on her claim that Milbank breached its fiduciary duty to her. After representing Mrs. Leo through her agent, Chan Cher Boon (“Chan”), Milbank represented Chan alone without Mrs. Leo’s consent in completing the same transaction. A jury found that Mil-*539bank’s representation of Chan constituted a breach of fiduciary duty to Mrs. Leo that was a substantial factor in preventing her from obtaining assets she sought in the transaction.…
2Cases cited9 opinions
- Richard Samuels v. Air Transport Local 504Court of Appeals for the Second Circuit · 1993
- Mattivi v. South African Marine Corp.Court of Appeals for the Second Circuit · 1980
- Diduck v. Kaszycki & Sons Contractors, Inc.Court of Appeals for the Second Circuit · 1992
- Diamond v. OreamunoNew York Court of Appeals · 1969
- ABKCO Music, Inc. v. Harrisongs Music, Ltd.Court of Appeals for the Second Circuit · 1983
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- Willberry Corp. v. SchwartzAppellate Division of the Supreme Court of the State of New York · 2006
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