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ESE Funding SPC Ltd. v. Stanley

Appellate Division of the Supreme Court of New York, First Department
Dec 29, 2009
68 A.D.3d 676 (N.Y. App. Div. 2009)

Opinion

No. 1903.

December 29, 2009.

Order, Supreme Court, New York County (Barbara R. Kapnick, J.), entered January 29, 2009, which, to the extent appealed from, granted that portion of defendants' motion to dismiss the 9th, 10th and 11th causes of action, alleging negligent misrepresentation, unanimously affirmed, with costs.

Scarola Ellis LLP, New York (Richard J.J. Scarola of counsel), for appellant.

Venable LLP, New York (Edward P. Boyle of counsel), for respondents.

Before: Andrias, J.P., Friedman, Acosta, DeGrasse and Román, JJ.


Plaintiff negotiated an arm's length commercial contract with defendant Morgan Stanley Altabridge to purchase defendants' financial risk associated with a third-party security transaction. Plaintiff has made no showing that any of these defendants had a "special relationship" with plaintiff ( cf. Kimmell v Schaefer, 89 NY2d 257).

We have reviewed plaintiff's remaining arguments and find them unavailing.


Summaries of

ESE Funding SPC Ltd. v. Stanley

Appellate Division of the Supreme Court of New York, First Department
Dec 29, 2009
68 A.D.3d 676 (N.Y. App. Div. 2009)
Case details for

ESE Funding SPC Ltd. v. Stanley

Case Details

Full title:ESE FUNDING SPC LTD., Appellant, v. MORGAN STANLEY et al., Respondents

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Dec 29, 2009

Citations

68 A.D.3d 676 (N.Y. App. Div. 2009)
2009 N.Y. Slip Op. 9718
891 N.Y.S.2d 400

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