TRUMP SECURITIES, LLC v. PUROLITE COMPANY

8105, 602809/09.

98 A.D.3d 904 (2012)

950 N.Y.S.2d 901

2012 NY Slip Op 6366

TRUMP SECURITIES, LLC, et al., Respondents, v. PUROLITE COMPANY et al., Appellants, et al., Defendant.

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

September 27, 2012.


Plaintiffs seek fees allegedly due pursuant to an agreement for financial advisory services entered into between Convertible Capital, Watch Hill Properties and Purolite in connection with Purolite's efforts to refinance its then-existing debt. The agreement identified Watch Hill as the lead advisor, requiring it to "manage and coordinate" the refinancing process and entitling it to a larger share of the fee than Convertible Capital, which was identified as the "Co-Manager...

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