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FUI SANG LAI v. SHUK YIM LAU

175 Misc.2d 876 (1998)

670 N.Y.S.2d 724

Fui Sang Lai, Also Known as Paul Lai, et al., Plaintiffs, v. Shuk Yim Lau, Also Known as Shuk Yim Li, et al., Defendants.

Supreme Court, Kings County.

February 11, 1998

Attorney(s) appearing for the Case

Barry I. Siegel, Lake Success, for defendants. Yuen & Yuen, New York City, for plaintiffs.

HERBERT KRAMER, J.

Defendants move to dismiss this breach of contract action on Statute of Limitations grounds. (CPLR 3211 [a] [5]; 213 [2].)

The contract called for plaintiff and defendant to exchange their respective interests in a New Jersey corporation and in a New York property. The exchange required defendant to pay an additional sum of money and was made contingent upon the defendant's refinancing...

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