CALIFORNIA CAPITAL EQUITY, LLC v. IJKG, LLC

4174. 652373/15.

151 A.D.3d 650 (2017)

2017 NY Slip Op 05312

54 N.Y.S.3d 578

CALIFORNIA CAPITAL EQUITY, LLC, Appellant, v. IJKG, LLC, Respondent/Third-Party Plaintiff-Respondent, et al., Defendant. ABRAXIS BIOSCIENCE, LLC, Third-Party Defendant-Appellant, et al., Third-Party Defendant.

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

Decided June 29, 2017.


The doctrine of equitable recoupment, as codified in CPLR 203 (d), applies to IJKG's counterclaim for tortious interference with its contractual right of first offer, which otherwise would be barred under the applicable three-year statute of limitations (CPLR 214 [4]). The doctrine permits a defendant to seek equitable recoupment in an otherwise untimely defense or counterclaim, if it arises from the transactions, occurrences, or series of transactions or occurrences alleged...

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