SEGAL v. COOPER

Nos. 7580, 102768/07.

95 A.D.3d 545 (2012)

944 N.Y.S.2d 65

2012 NY Slip Op 3562

JOSH SEGAL, Individually and Derivatively on Behalf of LIGHTHOUSE REAL ESTATE ADVISORS, LLC, et al., Respondents, v. PAUL COOPER et al., Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided May 8, 2012.


The court properly declined to dismiss plaintiff Segal's breach of contract claim. It is true that "[a] contract cannot be implied in fact ... where there is an express contract covering the subject-matter involved" (Miller v Schloss, 218 N.Y. 400, 406-407 [1916] [emphasis ommitted]). However, the Operating Agreement of Lighthouse Retail Partners L.L.C., which later became plaintiff Lighthouse Real Estate Advisors, LLC (LREA), and the contract alleged in the amended...

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