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John BYKOWSKY, Plaintiff, The New York Urban Professionals Athletic League, Inc., Plaintiff-Appellant, v. Irving ESKENAZI, et al., Defendants-Respondents, Bruce Radler, et al., Defendants.
Judgment, Supreme Court, New York County (Judith J. Gishe, J.), entered December 10, 2009, upon a jury verdict, awarding plaintiffs the sum of $1.00 in damages against defendants Basketball City New York, Inc. and Basketball City USA, Inc., and dismissing the complaint as against defendants Eskenazi and Landau, unanimously affirmed, without costs. Appeal from order, same court and Justice, entered June 24, 2009, which denied plaintiff New York Urban Professionals Athletic League's motion to set aside the verdict, unanimously dismissed, without costs, as subsumed in the appeal from the judgment.
The jury's verdict, awarding plaintiffs zero damages for lost profits resulting from defendants' breach of a stock purchase agreement, was not against the weight of the evidence (see Cohen v. Hallmark Cards, 45 N.Y.2d 493, 498 [1978] ). The record demonstrates that the League's several theories as to its lost profits were speculative. Moreover, the disputed factual issues and any inconsistencies in the witnesses' testimony were placed before the jury, whose resolution of such conflicts is entitled to deference (see Mazariegos v. New York City Tr. Auth., 230 A.D.2d 608, 609-610 [1996] ).
Plaintiff's argument that the jury charge contained a harmful error as to the level of proof required to establish lost profits is unpreserved (CPLR 4110-b). Were we to review it, we would find that the charge as a whole properly instructed the jury that damages for lost future profits must “be capable of measurement based upon known reliable factors without undue speculation” (Ashland Mgt. v. Janien, 82 N.Y.2d 395, 403 [1993] ).
Nor did the court improperly permit the jury to consider evidence of a setoff against damages, since the stock purchase agreement entitled defendants to dividends if any were distributed.
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Decided: April 27, 2010
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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.
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