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KREUTTER v. McFADDEN OIL CORP.

122 A.D.2d 614 (1986)

Albert E. Kreutter, Respondent, v. McFadden Oil Corp. et al., Appellants, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

July 11, 1986

Order unanimously modified, on the law, and, as modified, affirmed, without costs, in accordance with the following memorandum:

Plaintiff alleges multiple causes of action stemming from his investment in an arrangement involving the purchase and leaseback of oil-drilling equipment. Plaintiff transferred $70,000 to defendant Brian M. McFadden and Company, Inc. (McFadden and Co.), a Texas corporation licensed to do business in New York. McFadden and Co. had a contract...

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