LAIG v. MEDANITO S.A.

1044, 160103/14.

139 A.D.3d 424 (2016)

29 N.Y.S.3d 166

2016 NY Slip Op 03443

LAIG, Appellant, v. MEDANITO S.A., Respondent.

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

Decided May 3, 2016.


In this action alleging breach of a non-circumvention provision in the parties' confidentiality agreement connected with an investment opportunity, plaintiff's conclusory allegation that it remained ready, willing and able to close on the purchase of the investment business on the scheduled closing date was factually insufficient in light of unrefuted documentary evidence that plaintiff's sources for the financing it required to make the purchase had abandoned the deal within...

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