LNYC Loft, LLC v. Loo

2017 NY Slip Op 1996, 148 A.D.3d 552, 50 N.Y.S.3d 54
Appellate Division of the Supreme Court of the State of New York·Decided March 21, 2017·No. 650969/11 3452 3451·Published·Cited by 2 cases

Opinion

Order, Supreme Court, New York County (Carol R. Edmead, J.), entered February 9, 2016, which, to the extent appealed from, granted defendants-respondents’ motion for summary judgment dismissing the second cause of action for tortious interference with contract, unanimously reversed, on the law, with costs, and the motion for summary judgment denied. Appeal from order, same court and Justice, entered August 29, 2016, which granted plaintiff’s motion for reargument and, upon reargument, adhered to its February 9, 2016 decision, unanimously dismissed, without costs, as academic.

The record demonstrates that respondents lacked an economic interest in the breaching party, Hudson Opportunity Fund I, LLC, and, rather, acted in their own economic interest in allegedly procuring the breach. Accordingly, they do not have an economic interest defense to the tortious interference claim asserted against them (see White Plains Coat & Apron Co., Inc. v Cintas Corp., 8 NY3d 422, 426 [2007]; Wells Fargo Bank, N.A. v ADF Operating Corp., 50 AD3d 280, 281 [1st Dept 2008]).

We have considered the parties’ remaining contentions and find them unavailing.

Concur — Acosta, J.P., Renwick, Manzanet-Daniels, Webber and Gesmer, JJ.

Free access — add to your briefcase to read the full text and ask questions with AI

LNYC Loft, LLC v. Loo, 2017 NY Slip Op 1996, 148 A.D.3d 552, 50 N.Y.S.3d 54 (N.Y. Ct. App. 2017).

2017 NY Slip Op 1996 (LNYC Loft, LLC v. Loo) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Normandy Real Estate Partners LLC v. 24 E. 12th St. Assoc. LLC
2018 NY Slip Op 4969 (Appellate Division of the Supreme Court of New York, 2018)