VENTUR GROUP, LLC v. FINNERTY

3882N, 604394/06.

80 A.D.3d 474 (2011)

915 N.Y.S.2d 64

VENTUR GROUP, LLC, Appellant, v. DIANE FINNERTY et al., Respondents.

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

Decided January 13, 2011.


In January 2005, plaintiff entered into a purchase agreement to acquire the assets of two investment advisory firms, which were owned and operated by defendant Diane Finnerty (investment advisory firms). Under the agreement, these assets consisted of management agreements with clients, which could not be assigned without consent. It further provided that "there can be no assurance that Client Consent can or will be obtained with respect to any Management Agreement or any...

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