SOLID TRANSIT INC. v. VENTURE OPPORTUNITIES CORPORATION


256 A.D.2d 127 (1998)

681 N.Y.S.2d 282

SOLID TRANSIT INC. et al., Appellants, v. VENTURE OPPORTUNITIES CORPORATION et al., Respondents.

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

Decided December 10, 1998.


The action was properly dismissed as against the Venture defendants absent any showing that they acted improperly in calling in the loan after plaintiff Solid's default. Plaintiffs, whose relationship to Venture Group is defined by a written security agreement, and who derived a benefit from the foreclosure sale of their medallions, cannot claim unjust enrichment. With the dismissal of the Venture defendants, there is no significant nexus with New York County, the dispute...

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