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RHI HOLDINGS, INC. v. DEBEVOISE & PLIMPTON

209 A.D.2d 344 (1994)

619 N.Y.S.2d 4

Rhi Holdings, Inc., Appellant, v. Debevoise & Plimpton, Respondent

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

November 22, 1994

In this action by an acquiring corporation to recover an allegedly excessive fee paid by the acquired corporation to defendant law firm for services rendered in connection with the acquisition, the IAS Court correctly held that the cause of action accrued on February 4, 1987, when defendant received the acquired corporation's check in payment of its services, and that the action, commenced on February 5, 1993, is therefore barred...

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