Tag Archives: Fraud

Universal Inv. Advisory SA v. Bakrie Telecom PTE, Ltd., Index No. 652890/2014, 04/18/15 (Scarpulla, J.)

Breach of Contract, Fraud; Aiding and Abetting Fraud; Risk Disclosure ; CPLR §3211(a)(7). By: Anastasia Galstian | Staff Writer Plaintiff was a shareholder Defendant, an Indonesian phone company. Defendant issued a bondholder notice to Plaintiff stating it was negotiating with … Continue reading

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State of New York, Workers’ Compensation Bd. v Cody Mgt., Inc., Index No. 3060/13. 3/6/15, (Platkin, J.)

CPLR 3211; Duty of Good Faith and Fair Dealing; Fraud; Fiduciary duty; Contract; breach; Statute of Limitations By Lauren Tucker | Staff Writer Plaintiff was a governmental entity charged with the administration of the Workers’ Compensation Law and as successor … Continue reading

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Karali v. Araujo, 48 Misc. 3d 1043, 06/16/2015 (Emerson, J.)

Default; fraud; res judicata; discharge of debts; privity; jurisdiction By Michael Vandermark | Senior Staff Writer Plaintiffs sold a parcel of commercial real property in Hampton Bays, New York, to Defendant Araujo Familia Inc. (“Familia”) for $1.2 million.[1] Familia borrowed … Continue reading

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Phoenix Light SF Limited v. Merrill Lynch & Co, Inc., Index No. 653235/2013, 10/3/14 (Ramos, C.).

By John-Paul Yezzo | Staff Writer Particularity in specific actions: CPLR § 3016(b); Fraud Plaintiffs, purchasers of residential mortgage-backed securities (“RMBS”), initially filed a complaint that combined claims against several banks involved in dozens of unrelated RMBS transactions. The Court … Continue reading

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Am. Media, Inc. v. Bainbridge & Knight Laboratories, LLC, Index No. 650230/2013, 9/19/2014 (Bransten, J.).

By Christina Nguyen | Staff Writer Contract; breach; breach of fiduciary duty; fraud; debtor and creditor law Plaintiffs commenced an action seeking $1,299,900 for advertising services in magazines owned by plaintiffs allegedly performed for corporate defendant and individual defendant who … Continue reading

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Cilente v. Phoenix Life, Index No. 600313/2008, 1/7/2014 (Kapnick, J.)

Fraud and Fraudulent inducement; NY GBL § 349; breach; Insurance Law §§ 4226 and 2123; breach; Fraud and Negligence.  Plaintiffs allege that they were defrauded into purchasing life insurance policy from defendants.  Initially, plaintiffs created a trust which in turn … Continue reading

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