X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

  Plaintiff appeals from a judgment of the Civil Court of the City of New York, New York County (Sabrina B. Kraus, J.), entered on or about January 3, 2020, after a nonjury trial, in favor of defendants dismissing the complaint. PER CURIAM Judgment (Sabrina B. Kraus, J.), entered on or about January 3, 2020, affirmed, with $25 costs. In reviewing a judgment from a bench trial, the decision of the fact-finding court should not be disturbed on appeal unless it is obvious that the court’s conclusions could not be reached under any fair interpretation of the evidence, especially when the findings of fact rest in large measure on considerations relating to the credibility of witnesses (see Claridge Gardens v. Menotti, 160 AD2d 544 [1990]). Applying that standard here, the court’s dismissal after trial of plaintiff’s complaint should not be disturbed. A fair interpretation of the evidence supports the court’s determination that plaintiff failed to promptly seek rescission of the 2002 purchase agreement for a time share in the “The Manhattan Club” after her discovery of certain fraudulent misrepresentations made by defendants (see Robinson v. Day, 103 AD3d 584, 585 [2013][a party seeking to rescind a contract on the ground that the other party fraudulently induced her to enter into it, must do so "promptly upon the discovery of the fraud"]). The evidence showed, and the court expressly found, that “by her own admission, plaintiff discovered the ‘fraud’ in 2014″ but “waited an additional four years to commence the action” in 2018. Since plaintiff’s delay of four years in seeking rescission was “manifestly untimely” (Ballow Brasted O’Brien & Rusin P.C. v. Logan, 435 F3d 235, 239 [2nd Cir 2006]; see R & A Food Servs. v. Halmar Equities, 278 AD2d 398 [2000]), the complaint was properly dismissed. In reaching our conclusion, we note that the court’s determination was clearly based upon the well-settled principle that an action for rescission must be promptly maintained and was not based upon a finding that the action was time-barred under the statute of limitations. We have considered the parties’ remaining requests for affirmative relief, including defendants-respondents’ argument that costs should have been imposed against plaintiff-appellant pursuant to 22 NYCRR part 130, and find them to be without merit THIS CONSTITUTES THE DECISION AND ORDER OF THE COURT. Dated: October 20, 2020

 
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

Skolnick Legal Group, P.C., a construction and commercial litigation firm with offices in New Jersey and New York is seeking a Litigation As...


Apply Now ›

Cullen and Dykman is seeking an associate attorney with a minimum of 5+ years in insurance coverage experience as well as risk transfer and ...


Apply Now ›

McCarter & English, LLP is actively seeking a midlevel insurance coverage associate for its Newark, NJ and/or Philadelphia, PA offices. ...


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 ›