Appellate Division, First Department at 27 Madison Ave. Photo: Ryland West/ALM Judge Greenlights Former Morrison Cohen Client's Breach-of-Fiduciary Action Against Firm
According to the complaint, Mehra and his trustee co-plaintiff sued Teller and others in the Delaware Court of Chancery in 2019 to attempt to stop certain actions by Teller. Teller is not a defendant in the Manhattan Supreme Court Commercial Division suit focused on the alleged actions of Morrison Cohen.
March 07, 2022 at 12:02 PM
8 minute read
Corporate Entities
The original version of this story was published on New York Law Journal
In a reversal of the lower court, a state appeals court is allowing to go forward a breach-of-fiduciary duty claim leveled against Morrison Cohen in the Manhattan Supreme Court's Commercial Division by a former corporate client who was advised on corporate structure and partnership.
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