X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

3001. ORLY GENGER, ETC., plf-res, v. DALIA GENGER def, SAGI GENGER def-ap — Kelley Drye & Warren LLP, New York (John Dellaportas of counsel), for Sagi Genger, ap — Ira Daniel Tokayer, New York, for D&K GP LLC, ap — Kasowitz Benson Torres & Friedman LLP, New York (Michael Paul Bowen of counsel), for res — Order, Supreme Court, New York County (Barbara Jaffe, J.), entered April 12, 2016, which granted plaintiff’s motion for partial summary judgment, and denied defendants-appellants’ cross motion for summary judgment, unanimously affirmed, with costs.

Plaintiff is entitled to summary judgment on the breach of fiduciary duty cause of action (Pokoik v. Pokoik, 115 AD3d 428, 429 [1st Dept 2014]). The evidence demonstrates that the subject transaction, in which defendant Sagi Genger was on both sides, was not “entirely fair” under Delaware law (Cambridge Capital Real Estate Invs., LLC v. Archstone Enter. LP, 137 AD3d 593, 595 [1st Dept 2016]; R2 Invs., LDC v. Icahn, 117 AD3d 632, 633 [1st Dept 2014]).

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
September 05, 2024
New York, NY

The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.


Learn More
July 11, 2024
New York, NY

The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.


Learn More
July 22, 2024 - July 24, 2024
Lake Tahoe, CA

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.


Learn More

Senior Business Attorney A 100% remote boutique law firm seeking a seasoned business attorney to support a growing base of major corporate ...


Apply Now ›

Don t miss this opportunity to utilize your transaction and housing legal skills to help shape the future of Placer County. Join the Real Pr...


Apply Now ›

Civil Litigation Attorneys, don t miss this opportunity! Placer County Counsel s Office is seeking a Civil Litigation Attorney to assist in ...


Apply Now ›
06/27/2024
The American Lawyer

Professional Announcement


View Announcement ›
06/21/2024
Daily Business Review

Full Page Announcement


View Announcement ›
06/14/2024
New Jersey Law Journal

Professional Announcement


View Announcement ›