IBE TRADE CORP. v. LITVINENKO


40 A.D.3d 352 (2007)

835 N.Y.S.2d 557

IBE TRADE CORP., Respondent, v. IOURI P. LITVINENKO, Also Known as LOURII P. LITVINENKO, et al., Appellants.

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

Decided May 15, 2007.


We previously affirmed the finding, following a nonjury trial of the matter, that defendant Litvinenko breached his fiduciary duty to plaintiff, and implicitly affirmed the trial court's conclusion that defendant had converted $2.5 million of plaintiff's funds (see 298 A.D.2d 285 [2002]). However, we vacated the subsequently entered judgment in plaintiff's favor in the amount of $11,379,390, and remanded the matter for findings of...

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