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SIDAMONIDZE v. KAY

304 A.D.2d 415 (2003)

757 N.Y.S.2d 560

TIEMURAZ SIDAMONIDZE, Plaintiff, and ZAUR GLONTI, Appellant, v. ROBERT B. KAY et al., Respondents, et al., Defendants.

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

Decided April 17, 2003.

In this action by a foreign investor seeking damages relating to his investment in a foreign business, the motion court correctly found that the alleged misrepresentations did not support a fraud claim because they consisted of mere puffery, opinions of value or future expectations (see Longo v Butler Equities II, 278 A.D.2d 97 [2000]; Sheth v New York Life Ins. Co., 273 A.D.2d 72, 74 [2000...

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