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EAST COAST PETROLEUM COMPANY v. BANK OF NEW YORK TRUST COMPANY

11 A.D.3d 299 (2004)

782 N.Y.S.2d 715

EAST COAST PETROLEUM COMPANY et al., Appellants, v. BANK OF NEW YORK TRUST COMPANY (CAYMAN) et al., Respondents.

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

October 14, 2004.

The causes of action for breach of contract, tortious interference with contract and breach of fiduciary duty related to banking services provided by defendant Bank of New York (BNY) were properly dismissed. The relationship between plaintiffs and defendant Bank of New York Trust Company (BNY Trust) was governed by a corporate services agreement, pursuant to which plaintiff East Coast had been created and incorporated. BNY Trust agreed therein to provide administrative and...

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