SEAPORT GLOBAL SEC. LLC v. SB GROUP HOLDCO, LLC

6829, 655723/17.

162 A.D.3d 466 (2018)

79 N.Y.S.3d 115

2018 NY Slip Op 04111

Seaport Global Securities LLC, Respondent, v. SB Group Holdco, LLC, Appellant.

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

Decided June 7, 2018.


The motion court properly denied defendant's motion to dismiss the amended complaint, as it states a claim for breach of contract, including breach of the implied covenant of good faith and fair dealing. The amended complaint alleges that the parties entered into a binding contract for the sale of stock, that defendant breached the contract by refusing to transfer the shares of such stock and by failing to make commercially reasonable efforts to settle the trade and that...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases