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CUNNINGHAM v. MERCH. CORP.

155 Misc.2d 226 (1991)

Charles Cunningham et al., Plaintiffs, v. Merchant-Sterling Corporation et al., Defendants.

Supreme Court, New York County.

October 17, 1991

Attorney(s) appearing for the Case

Butler, Fitzgerald & Potter for plaintiffs. Howard, Darby & Levin and Rutter, Turner & Stein for Merchant-Sterling Corporation and others, defendants.

EDWARD J. GREENFIELD, J.

This action arises out of plaintiffs' abortive attempt to establish a yacht charter business on the British Virgin Island of Tortola. Plaintiffs, Charles Cunningham and Edward Burke, are principals in L'Ancre, Ltd. They planned to attract investors to purchase yachts and lease them to L'Ancre, which in turn would operate a charter business out of a marina on Tortola. Plaintiffs allege...

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