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SHEIFFER v. SHENKMAN CAPITAL MANAGEMENT, INC.

291 A.D.2d 295 (2002)

737 N.Y.S.2d 609

ARNOLD SHEIFFER et al., Appellants, v. SHENKMAN CAPITAL MANAGEMENT, INC., Respondent.

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

Decided February 19, 2002.

Although plaintiffs maintain that their client referral fee was not calculated in accordance with the parties' contract, the motion court correctly concluded that, under the unambiguous terms of the contract (see, e.g., Kass v Kass, 91 N.Y.2d 554, 566), defendant properly computed the amount of plaintiffs' referral fee as a percentage only of amounts invested with defendant by investors introduced by plaintiff Sheiffer, and not of...

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