LUXOR CAPITAL GROUP LP v. ALTISOURCE ASSET MGT. CORP.

Index No. 650746/20. Appeal No. 445. Case No. 2022-05775.

217 A.D.3d 499 (2023)

192 N.Y.S.3d 1

2023 NY Slip Op 03196

Luxor Capital Group LP et al., Respondents-Appellants, v. Altisource Asset Management Corporation, Appellant-Respondent.

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

Decided June 13, 2023.


Attorney(s) appearing for the Case

Orrick, Herrington & Sutcliffe LLP, New York ( Darrell S. Cafasso of counsel), for appellant-respondent.

Akin Gump Strauss Hauer & Feld LLP, New York ( Douglas A. Rappaport of counsel), for respondents-appellants.

Concur—Oing, J.P., Singh, Moulton, Scarpulla, Shulman, JJ.


Order, Supreme Court, New York County (Jennifer G. Schecter, J.), entered on or about December 1, 2022, which, insofar as appealed from, denied plaintiffs' and defendant's summary judgment motions, unanimously modified, on the law, to grant defendant's motion, and otherwise affirmed, without costs. The Clerk is directed to enter judgment dismissing the complaint.

This action arises out of a transaction in which plaintiffs invested in defendant, an asset management...

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