Active Media Services, Inc. v. Grant Prideco, Inc.

Judgment, Supreme Court, New York County (Karla Moskowitz, J.), entered March 8, 2006, dismissing the complaint and awarding defendant the principal amount of $3,250,000 on its first counterclaim, unanimously affirmed, with costs. Appeal from order, same court and Justice, entered on or about February 23, 2006, which granted defendant summary judgment, unanimously dismissed, without costs, as subsumed within the appeal from the ensuing judgment.

In 1998, defendant, a leading manufacturer of oilfield drill pipe and tubular products, purchased from plaintiff, an international corporate trader,…