Legal Opinion

Centro Empresarial Cempresa S.A. v. América Móvil, S.A.B. de C.V.

New York Court of Appeals

Decided June 7, 2011PublishedCited by 284 opinions

1Opinion of the Court

OPINION OF THE COURT

Ciparick, J.

Plaintiffs claim they were fraudulently induced to sell their ownership interests in a company they co-owned with one of the defendants, and to release defendants from claims arising out of that ownership. We affirm the Appellate Division’s determination that this action is barred by the release.

Plaintiffs Centro Empresarial Cempresa S.A. (Centro) and Conecel Holding Limited (CHL) allege they once owned substantial shares of an Ecuadorian telecommunications company, defendant Consorcio Ecuatoriano de Telecomunicaciones S.A. Conecel (Conecel). The complaint…

2Cases cited13 opinions

  1. Mangini v. McClurgNew York Court of Appeals · 1969
  2. Rowe v. Great Atlantic & Pacific Tea Co.New York Court of Appeals · 1978
  3. Global Minerals & Metals Corp. v. HolmeAppellate Division of the Supreme Court of the State of New York · 2006
  4. DDJ Management, LLC v. Rhone Group LLCNew York Court of Appeals · 2010
  5. Booth v. 3669 Delaware, Inc.New York Court of Appeals · 1998

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3Cited by284 opinions

  1. Interpharm, Inc. v. Wells Fargo Bank, National AssociationCourt of Appeals for the Second Circuit · 2011
  2. Simkin v. BlankNew York Court of Appeals · 2012
  3. Pappas v. TzolisNew York Court of Appeals · 2012
  4. Farrokh Yassan v. J.P. Morgan ChaseCourt of Appeals for the Seventh Circuit · 2013
  5. ACA Financial Guaranty Corp. v. Goldman, Sachs & Co.New York Court of Appeals · 2015

279 more not listed; retrieve them via the Exa API.

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