Dismissal in Commercial Real Estate Dispute

On September 24, 2012, Justice Kornreich of the Commercial Division of New York County Supreme Court, dismissed all legal claims brought against Sher Tremonte’s client in a dispute arising from an $11 million commercial lease. Adopting arguments presented by Sher Tremonte in its motion to dismiss, the court held that the plaintiff failed to state cognizable claims of fraud, fraudulent inducement and breach of the implied covenant of good faith and fair dealing.