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STARR RUSSIA INVS. III B.V. v. DELOITTE TOUCHE TOHUMATSU LTD.

652251/17. 8335A. 8335.

169 A.D.3d 421 (2019)

94 N.Y.S.3d 248

2019 NY Slip Op 00961

Starr Russia Investments III B.V., Respondent, v. Deloitte Touche Tohumatsu Limited et al., Appellants.

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

Decided February 7, 2019.

Plaintiff has standing to pursue its claims based on allegations that it was fraudulently induced to invest in and maintain its investment in the Russian Investment Trade Bank (ITB), as these claims allege direct rather than derivative harm, i.e., injuries to plaintiff, rather than to ITB (see Accredited Aides Plus, Inc. v Program Risk Mgt., Inc., 147 A.D.3d 122, 135 [3d Dept 2017];

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