Legal Opinion
Kerusa Co. v. W10Z/515 Real Estate Ltd.
New York Court of Appeals
Decided April 2, 2009PublishedCited by 51 opinions
1Opinion of the Court
OPINION OF THE COURT
Read, J.
This appeal involves a lawsuit seeking damages for common-law fraud as a result of alleged construction and design defects in a 42-story, 39-unit luxury condominium building located at the corner of Park Avenue and 60th Street in New York City, having 515 Park Avenue as its address. For the reasons that follow, we hold that a purchaser of a condominium apartment may not bring a claim for common-law fraud against the building’s sponsor when the fraud is predicated solely on alleged material omissions from the offering plan amendments mandated by the Martin Act…
2Cases cited9 opinions
- CPC International Inc. v. McKessonNew York Court of Appeals · 1987
- Vermeer Owners, Inc. v. GutermanNew York Court of Appeals · 1991
- Barclay Arms, Inc. v. Barclay Arms AssociatesNew York Court of Appeals · 1989
- Jablonski v. RapaljeAppellate Division of the Supreme Court of the State of New York · 2005
- Kralik v. 239 East 79th Street Owners Corp.New York Court of Appeals · 2005
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3Cited by51 opinions
- Cruz v. TD Bank, N.A.New York Court of Appeals · 2013
- Assured Guaranty (UK) Ltd. v. J.P. Morgan Investment Management Inc.New York Court of Appeals · 2011
- In Re Beacon Associates LitigationDistrict Court, S.D. New York · 2010
- In Re Enron Corp. Securities, Derivative & Erisa Lit.District Court, S.D. Texas · 2011
- Securities & Exchange Commission v. LeeDistrict Court, S.D. New York · 2010
46 more not listed; retrieve them via the Exa API.