From Casetext: Smarter Legal Research

HH Holdings, Inc. v. PaineWebber Inc.

Appellate Division of the Supreme Court of New York, First Department
Feb 4, 1992
180 A.D.2d 419 (N.Y. App. Div. 1992)

Opinion

February 4, 1992

Appeal from the Supreme Court, New York County (Francis N. Pecora, J.).


The IAS court properly held that plaintiffs' proposed amended complaint fails to cure the deficiencies of the original complaint. Although, the proposed complaint elaborates upon the relationship between the individual plaintiff and defendant prior to the corporate plaintiff's contract with defendant, the causes of action alleged by the individual plaintiff arise out of that agreement, and, as such, are not viable (New Castle Siding Co. v Wolfson, 97 A.D.2d 501, 502, affd 63 N.Y.2d 782). We also find that the tort claims asserted by the corporate plaintiff for breach of a fiduciary duty, negligence and fraud are not independent of its contract claim (Luxonomy Cars v. Citibank, 65 A.D.2d 549). Additionally we take note of the IAS court's April 6, 1990 decision, and would add that the proposed pleading fails to adequately allege defendant's moral culpability to sustain a claim for punitive damages (Walker v. Sheldon, 10 N.Y.2d 401, 404-405).

Concur — Rosenberger, J.P., Ellerin, Wallach, Smith and Rubin, JJ.


Summaries of

HH Holdings, Inc. v. PaineWebber Inc.

Appellate Division of the Supreme Court of New York, First Department
Feb 4, 1992
180 A.D.2d 419 (N.Y. App. Div. 1992)
Case details for

HH Holdings, Inc. v. PaineWebber Inc.

Case Details

Full title:HH HOLDINGS, INC., et al., Appellants, v. PAINEWEBBER INCORPORATED…

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

Date published: Feb 4, 1992

Citations

180 A.D.2d 419 (N.Y. App. Div. 1992)
579 N.Y.S.2d 86

Citing Cases

Regatos v. North Fork Bank

N.Y. U.C.C. § 4-A-102, Official Comment. Indeed, the UCC "was inapplicable to wire transfers prior to the…

IKEA North American Services, Inc. v. Northeast Graphics, Inc.

Although neither side here is able to point to a New York case directly on point, New York courts regularly…