Knopf v. Wolkoff

— Judgment, Supreme Court, New York County (Bruce Wright, J.), entered on December 13, 1988, which dismissed the complaint, following a bench trial, unanimously affirmed, with costs and with disbursements, for the reasons stated by Wright, J.

In this action for, inter alla, rescission of an agreement terminating a joint venture, plaintiffs alleged both fraud and breach of fiduciary duty by the defendants in connection with its execution.

After a bifurcated bench trial on liability, Trial Term dismissed the complaint, finding that the plaintiffs’ contention that they had been fraudulently…