Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
SALOMON SMITH BARNEY HOLDINGS, INC., etc., Plaintiff-Appellant, v. 7 WORLD TRADE COMPANY, L.P., Defendant-Respondent.
Order, Supreme Court, New York County (Eileen Bransten, J.), entered February 29, 2000, which denied plaintiff's motion for a Yellowstone injunction, and granted defendant's cross motion to dismiss the complaint, unanimously affirmed, without costs.
Plaintiff tenant's failure to object to various rent charges within 270 days, as required by the lease, precludes it from instituting this action for breach of contract and declaratory judgment (see, Matter of Jack Kent Cooke, Inc. and Saatchi & Saatchi, N. Am., 222 A.D.2d 334, 635 N.Y.S.2d 611; The Home Ins. Co. v. Olympia & York Maiden Lane Co., 219 A.D.2d 469, 631 N.Y.S.2d 158; Silverstein Props. v. Paine, Webber, Jackson & Curtis, Inc., 104 A.D.2d 769, 480 N.Y.S.2d 724, affd. 65 N.Y.2d 785, 493 N.Y.S.2d 110, 482 N.E.2d 906). Tenant always had access to defendant landlord's books and records, and thus cannot be heard to complain that it was somehow defrauded by the rent statements (see, Cooke, supra, at 335, 635 N.Y.S.2d 611), and tenant's letters which “reserved” the right to audit landlord's books did not indefinitely toll tenant's time to contest a rent statement (see, Europe Craft Imports v. Hilson Mgt. Corp., 205 A.D.2d 380, 382, 613 N.Y.S.2d 176).
We have considered plaintiff's other arguments and find them unavailing.
MEMORANDUM DECISION.
Thank you for your feedback!
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes visit FindLaw's Learn About the Law.
Decided: December 12, 2000
Court: Supreme Court, Appellate Division, First Department, New York.
Search our directory by legal issue
Enter information in one or both fields (Required)
Harness the power of our directory with your own profile. Select the button below to sign up.
Learn more about FindLaw’s newsletters, including our terms of use and privacy policy.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)