ARC MUN. SEC. CORP. v. KLEINBERG, KAPLAN, WOLFF & COHEN


213 A.D.2d 187 (1995)

624 N.Y.S.2d 806

ARC Municipal Securities Corp. et al., Appellants, v. Kleinberg, Kaplan, Wolff & Cohen, P. C., Respondent. (And Other Actions.)

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

March 7, 1995


Plaintiffs fail to demonstrate any acts by the escrow agent that were not authorized pursuant to the terms of the parties' escrow agreement, and the surmise, conjecture and innuendo offered by plaintiffs in opposition to the cross motion for summary judgment were insufficient to create a triable issue of fact on their claim for breach of fiduciary duty and punitive damages (see, Parks v Greenberg, 161 A.D.2d 467, 468-469,...

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