Narrative Opinion Summary
In an appeal regarding a breach of contract action, the defendant contests portions of a Supreme Court order issued on February 22, 1993. The order originally denied the defendant's motion for summary judgment to dismiss the complaint. The appellate court modified the order by granting the defendant's motion to dismiss causes of action 13 through 18, which sought damages for conversion, due to the inability to identify the allegedly converted funds as specific chattels. Consequently, the court affirmed the order only in relation to the denial of the motion concerning the breach of contract and fraud claims, which were deemed adequately pleaded by the plaintiffs based on the complaint and supporting affidavit. Other arguments raised by the parties were found to lack merit.
Legal Issues Addressed
Conversion and Identifiability of Fundssubscribe to see similar legal issues
Application: The court dismissed the causes of action for conversion because the funds in question could not be identified as specific chattels.
Reasoning: The appellate court modified the order by granting the defendant's motion to dismiss causes of action 13 through 18, which sought damages for conversion, due to the inability to identify the allegedly converted funds as specific chattels.
Merit of Additional Argumentssubscribe to see similar legal issues
Application: The court found that other arguments presented by the parties did not have sufficient merit to affect the decision.
Reasoning: Other arguments raised by the parties were found to lack merit.
Summary Judgment in Breach of Contract Claimssubscribe to see similar legal issues
Application: The appellate court upheld the denial of summary judgment concerning the breach of contract claims, as the claims were deemed adequately pleaded.
Reasoning: Consequently, the court affirmed the order only in relation to the denial of the motion concerning the breach of contract and fraud claims, which were deemed adequately pleaded by the plaintiffs based on the complaint and supporting affidavit.