PODRAZA v. CARRIERO


212 A.D.2d 331 (1995)

630 N.Y.S.2d 163

Marion R. Podraza et al., Appellants-Respondents, v. Gerald J. Carriero et al., Respondents-Appellants, and Howard Neumann, Also Known as Jerry Neumann, Respondent, et al., Defendants

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

July 14, 1995


Attorney(s) appearing for the Case

Phillips, Lytle, Hitchcock, Blaine & Huber, Buffalo (Jeremiah McCarthy of counsel), for appellants-respondents.

Dixon, DeMarie & Schoenborn, P. C., Buffalo (Joseph DeMarie of counsel), for respondents-appellants.

Nicholas Konst, Buffalo, for respondent.

GREEN, J. P., LAWTON, CALLAHAN and BALIO, JJ., concur.


BOEHM, J.

The principal issue raised on this appeal is when does a civil cause of action based upon an alleged violation of the Racketeer Influenced and Corrupt Organizations Act (RICO; 18 USC § 1961 et seq.) accrue in computing the period of the Statute of Limitations.

I

Plaintiffs, 29 individuals who invested in a real estate development venture, commenced this action in 1992...

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