Akseizer v. Kramer

Decision Date12 October 1999
Citation265 A.D.2d 356,696 N.Y.S.2d 849
PartiesSTEPHEN AKSEIZER et al., Respondents,<BR>v.<BR>HERBERT KRAMER, Appellant.
CourtNew York Supreme Court — Appellate Division

Joy, J. P., Krausman, H. Miller and Feuerstein, JJ., concur.

Ordered that the order is affirmed insofar as appealed from, without costs or disbursements.

It is well settled that summary judgment is a drastic remedy that is to be granted only where there is no clear triable issue of fact (see, Andre v Pomeroy, 35 NY2d 361). In deciding the motion, the evidence must be viewed in the light most favorable to the opposing party (see, Matter of Benincasa v Garrubbo, 141 AD2d 636). Here, the record presents triable issues of fact as to whether the defendant intentionally concealed and failed to disclose material information to the plaintiffs relating to their investment, and as to whether the defendant misappropriated a portion of the plaintiffs' funds. Accordingly, the Supreme Court properly denied the defendant's motion for summary judgment.

To continue reading

Request your trial
44 cases
  • Salinas v. Pratt Inst.
    • United States
    • New York Supreme Court
    • August 10, 2022
    ...see also Fundamental Portfolio Advisors, Inc. v Tocqueville Asset Mgt., L.P., 7 N.Y.3d 96, 105-106 [2006]); see also Akseizer v Kramer, 265 A.D.2d 356 [1999]; McLaughlin v Thaima Realty Corp., 161 A.D.2d 383, 384 [1990]; Gibson v American Export Isbrandtsen Lines, 125 A.D.2d 65, 74 [1987]; ......
  • Cardenas-Parra v. 540 Fulton Assocs.
    • United States
    • New York Supreme Court
    • March 23, 2023
    ...v Aviles, 72 A.D.3d 1061, 1062 [2d Dept 2010]; see also Nicklas v Tedlen Realty Corp., 305 A.D.2d 385 [2d Dept 2003]; Akseizer v Kramer, 265 A.D.2d 356 [2d Dept 1999]; McLaughlin v Thaima Realty Corp., 161 A.D.2d 383, 384 [1st Dept 1990]; Gibson v American Export Isbrandtsen Lines, 125 A.D.......
  • RS JZ Driggs LLC v. Concrete Courses Concepts Corp.
    • United States
    • New York Supreme Court
    • June 14, 2023
    ...[1991]; see also Fundamental Portfolio Advisors, Inc. v Tocqueville Asset Mgt, L.P., 7 N.Y.3d 96, 105-106 [2006]); see also Akseizer v Kramer, 265 A.D.2d 356 [1999]; v Thaima Realty Corp., 161 A.D.2d 383, 384 [1990]; Gibson v American Export Isbrandtsen Lines, 125 A.D.2d 65, 74 [1987]; Stry......
  • Moreno v. VS 125, LLC
    • United States
    • New York Supreme Court
    • June 21, 2022
    ...see also Fundamental Portfolio Advisors, Inc. v Tocqueville Asset Mgt., L.P., 7 N.Y.3d 96, 105-106 [2006]); see also Akseizer v Kramer, 265 A.D.2d 356 [1999]; McLaughlin v Thaima Realty Corp., 161 A.D.2d 383, 384 [1990]; Gibson v American Export Isbrandtsen Lines, 125 A.D.2d 65, 74 [1987]; ......
  • Request a trial to view additional results

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT