TRUMP v. CORCORAN GROUP, INC.


240 A.D.2d 159 (1997)

657 N.Y.S.2d 701

Donald J. Trump, Appellant, v. Corcoran Group, Inc., et al., Respondents

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

June 3, 1997


Despite the nomenclature in the parties' agreements and communications, the only duty that defendants owed plaintiff was to introduce him to certain investors. Although defendants' compensation would be payable only if an investment were made, this did not transform them into fiduciaries. Defendants did not have the power to bind plaintiff, were excluded from substantive negotiations over the terms of the project, and, by all accounts, said very little to the investors with...

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