Legal Opinion

Northeast General Corp. v. Wellington Advertising, Inc.

New York Court of Appeals

Decided October 14, 1993PublishedCited by 120 opinions

1Opinion of the Court

*160OPINION OF THE COURT

Bellacosa, J.

The dispositive feature of this case, in which plaintiff Northeast seeks to recover a finder’s fee, is whether the finder-seller agreement between the parties created a relationship of trust between them producing a fiduciary-like obligation on the finder. The particular facet of this case devolves from a duty imposed by the lower courts on the finder to disclose adverse reputational information about the prospect tendered to its client, Wellington, the failure of which disentitles the finder of its otherwise earned fee.

This Court granted leave to appeal from…

2Cases cited9 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. Minichiello v. Royal Business Funds Corp.New York Court of Appeals · 1966
  3. Knauss v. Gottfried Krueger Brewing Co.New York Court of Appeals · 1894
  4. Cristallina S. A. v. Christie, Manson & Woods International, Inc.Appellate Division of the Supreme Court of the State of New York · 1986
  5. TPL Associates v. Helmsley-Spear, Inc.Appellate Division of the Supreme Court of the State of New York · 1989

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3Cited by120 opinions

  1. EBC I, Inc. v. Goldman, Sachs & Co.New York Court of Appeals · 2005
  2. Basile v. H & R BLOCK, INC.Supreme Court of Pennsylvania · 2000
  3. Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
  4. Wiener v. Lazard Freres & Co.Appellate Division of the Supreme Court of the State of New York · 1998
  5. IMG FRAGRANCE BRANDS, LLC v. Houbigant, Inc.District Court, S.D. New York · 2009

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