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AJW PARTNERS, LLC v. ADMIRALTY HOLDING COMPANY

7073, 110349/10.

93 A.D.3d 486 (2012)

940 N.Y.S.2d 569

2012 NY Slip Op 1772

AJW PARTNERS, LLC, et al., Appellants, v. ADMIRALTY HOLDING COMPANY, Formerly Known as RUBY MINING COMPANY, et al., Defendants, and HERBERT C. LEEMING, Respondent.

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

Decided March 13, 2012.

Plaintiffs allege that Leeming, an officer of both defendant Admiralty Holding Company (AHC) and defendant Undersea Recovery Corporation (URC), knew about plaintiffs' security agreements with AHC when he allowed AHC to enter into a license agreement with URC, and therefore knew that the license agreement would constitute a breach of the security agreements between plaintiffs and AHC. These allegations fail to state a cause of action against Leeming for tortious interference...

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