TAUSSIG v. THE CLIPPER GROUP, L.P.


16 A.D.3d 224 (2005)

790 N.Y.S.2d 602

ANDREW R. TAUSSIG, Respondent, v. THE CLIPPER GROUP, L.P., Appellant. (And a Third-Party Action.)

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

March 17, 2005.


The oral agreement relied on by plaintiff, a nonpracticing attorney, for a finder's fee for referral of an investment opportunity, was not barred by the statute of frauds (see Rever v Kayser-Roth Corp., 26 N.Y.2d 652 [1970]). Nor was the agreement indefinite, since its missing terms were determinable by reference to clear objective standards, including those catalogued in the deposition testimony of defendant's president. An oral...

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