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LNYC LOFT, LLC, etc., et al., Plaintiffs–Appellants, v. David J. LOO, et al., Defendants, Stanley Perelman, et al., Defendants–Respondents.
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.
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Decided: March 21, 2017
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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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