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Sterling v. Minskoff

James D. Sterling, Individually and on Behalf of 54-55 Street Company v. Myron Minskoff

Sterling v. Minskoff, 226 A.D.2d 125 (1996)
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Court
Appellate Division of the Supreme Court of the State of New York · State Appellate Courts
Decided
April 2, 1996
Citations
226 A.D.2d 125639 N.Y.S.2d 8221996 N.Y. App. Div. LEXIS 3315

Opinion of the Court

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Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered January 12, 1995, which granted defendant’s motion to dismiss the complaint for lack of standing (CPLR 3211 [a] [3]), unanimously affirmed, with costs.

Plaintiff was not a partner in the partnership on whose behalf he purports to sue, and therefore does not have standing to bring a derivative suit (see, Levine v Murray Hill Manor Co., 143 AD2d 298, 301 , lv dismissed 73 NY2d 995 ). Plaintiff alleges causes of action for breach of defendant’s fiduciary duty to the partnership, wrongs that give rise only to a derivative suit on behalf of the partnership, and not a private cause of action, even though plaintiff’s interest in the partnership was allegedly diminished (see, Strain v Seven Hills Assocs., 75 AD2d 360, 371 ). Accordingly, the complaint was properly dismissed. Concur—Milonas, J. P., Ellerin, Rubin, Ross and Mazzarelli, JJ.

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2008: 120082026peak 2008 · 1

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  1. Altebrando v. Gozdziewski47 A.D.3d 520 (2008)

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  1. Altebrando v. Gozdziewski47 A.D.3d 520 (2008)

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Authorities cited 2

DepthCaseCited by
Strain v. Seven Hills Associates, 75 A.D.2d 360 (1980) 39
Levine v. Murray Hill Manor Co., 143 A.D.2d 298 (1988) 3

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