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Misappropriation of corporate opportunity is one of our favorite, most frequently blogged topics on New York Business Divorce. A special kind of breach of fiduciary duty, the corporate...
On November 29, 2022, Justice Barry Ostrager of the New York County Commercial Division issued a decision in Eastern Effects v. 3911 Lemmon Ave. Assoc., 2022 N.Y.L.J. LEXIS 2408,...
A U.S. District Court judge today dismissed a lawsuit against Western Regional Off-Track Betting Corp. that was filed by Michael Nolan, a former chief operating officer of the public benefit company based in Batavia. Justice William Skretny, representing the Western District of New York in Buffalo, based his ruling on a statute of limitations issue regarding Nolan’s claim that