Court of Appeals of New York

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IDX Capital, LLC v. Phoenix Partners Group LLC, 89

In a suit for tortious interference with prospective business relations and aiding and abetting breach of fiduciary duty, arising from the defendants' alleged participation in derailing the plaintiff company's acquisition by a third party, the Appellate Division's dismissal of the complaint is affirmed by memorandum, where the plaintiffs failed to produce evidentiary proof as to whether: 1) individual defendants participated in a co-defendant's admitted campaign to interfere with the proposed acquisition; 2) defendant entities should be held vicariously liable for the interference; or 3) an individual plaintiff was entitled to injunctive relief.

Appellate Information

  • Decided 05/31/2012
  • Published 05/31/2012

Judges

Court

  • Court of Appeals of New York

Counsel

  • For Appellant:
  • Jeffrey A. Udell, Frank H. Penski


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