Snyder v. Bronfman

The causes of action for unjust enrichment and quantum meruit are barred by the applicable statute of frauds, General Obligations Law § 5-701 (a) (10). In relevant part, this enactment renders void any oral agreement “to pay compensation for services rendered in . . . negotiating the purchase ... of any . . . business opportunity.” (Id.) As is evident, the statute broadly applies to “any” business opportunity. The statute expressly defines the term “negotiating” and does so in the fol*394lowing broad terms: “ ‘Negotiating’ includes procuring an introduction to a party to the transaction or…