Scott Mollen, Partner at Herrick, Feinstein LLP Scott Mollen, Partner at Herrick, Feinstein LLP

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Real Estate Management Company Owned Fiduciary Duty to Property Owners

A defendant real estate management company (manager) and its officers, moved to dismiss a complaint pursuant to CPLR 3211(a)(1) and (7). The plaintiffs LLC's (LLC) had alleged causes of action for breach of contract, breach of fiduciary duty, disgorgement, restitution, unjust enrichment, negligence, negligent misrepresentation and punitive damages.