Legal Opinion

Vermeer Owners, Inc. v. Guterman

New York Court of Appeals

Decided November 26, 1991PublishedCited by 78 opinions

1Opinion of the Court

OPINION OF THE COURT

Memorandum.

The order of the Appellate Division should be affirmed, with costs.

*1116We agree with the courts below that plaintiffs may not maintain a private cause of action under the Martin Act (CPC Intl. v McKesson Corp., 70 NY2d 268, 276-277). Plaintiffs contend that CPC is not controlling because that case involved the violation of General Business Law § 352-c, which addresses a variety of fraudulent acts and practices in the sale and exchange of securities and other properties, whereas the present claim is based upon a violation of section 352-e, which specifically…

2Cases cited8 opinions

  1. Gillman v. Chase Manhattan Bank, N. A.New York Court of Appeals · 1988
  2. CPC International Inc. v. McKessonNew York Court of Appeals · 1987
  3. Sablosky v. Edward S. Gordon Co.New York Court of Appeals · 1989
  4. People v. Lexington Sixty-First AssociatesNew York Court of Appeals · 1976
  5. Horn v. 440 East 57th Co.Appellate Division of the Supreme Court of the State of New York · 1989

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

3Cited by78 opinions

  1. 511 West 232nd Owners Corp. v. Jennifer Realty Co.New York Court of Appeals · 2002
  2. Small v. Lorillard Tobacco Co.New York Court of Appeals · 1999
  3. Gaidon v. Guardian Life Insurance Co. of AmericaNew York Court of Appeals · 1999
  4. Douglas E. Wall v. Csx Transportation, Inc. And Consolidated Rail Corporation, Docket No. 05-4065-CvCourt of Appeals for the Second Circuit · 2006
  5. Broder v. Cablevision Systems Corp.Court of Appeals for the Second Circuit · 2005

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API