LADENBURG v. SCALLEAT


86 Misc.2d 503 (1976)

Ladenburg, Thalmann & Co., Inc., Plaintiff, v. Albert Scalleat, Defendant.

Civil Court of the City of New York, Special Term, New York County.

April 20, 1976


Attorney(s) appearing for the Case

Lester Morse for defendant. Roseman, Colin, Kaye, Petschek, Freund & Emil for plaintiff.


LEONARD N. COHEN, J.

Defendant, a Pennsylvania resident, moves to dismiss a New York stockbroker's complaint alleging breach of an oral stock purchase agreement, on the ground of lack of personal jurisdiction in that he denies transacting business in this State pursuant to CPLR 302 (subd [a], par 1), or in the alternative that New York is an improper forum pursuant to CPLR 327. Plaintiff cross-moves for summary...

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