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BEACH v. TOURADJI CAPITAL MANAGEMENT, LP

603611/08-7778.

179 A.D.3d 474 (2020)

117 N.Y.S.3d 36

2020 NY Slip Op 00230

Gentry T. Beach et al., Respondents, v. Touradji Capital Management, LP, Appellant. Touradji Capital Management et al., Counterclaim Plaintiffs-Appellants, v. Gentry T. Beach et al., Counterclaim Defendants-Respondents. Touradji Capital Management, LP, et al., Counterclaim Plaintiffs-Appellants, et al., Counterclaim Plaintiffs, v. Vollero Beach Capital Partners LLC et al., Counterclaim Defendants-Respondents.

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

Decided January 14, 2020.

This appeal centers around an employment compensation dispute between defendant Touradji Capital Management (TCM), a commodities hedge fund, and two of its former portfolio managers, plaintiffs Gentry T. Beach and Robert A. Vollero. Plaintiffs brought this action alleging that TCM breached the parties' oral employment contracts. TCM and its principal Paul Touradji (together appellants) asserted counterclaims, including a breach of fiduciary duty claim against each plaintiff...

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