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Josephberg v. Crede Capital Grp., LLC

Supreme Court, Appellate Division, First Department, New York.
Jun 28, 2016
140 A.D.3d 629 (N.Y. App. Div. 2016)

Opinion

06-28-2016

Richard JOSEPHBERG, Plaintiff–Appellant, v. CREDE CAPITAL GROUP, LLC, et al., Defendants–Respondents.

  Liddle & Robinson, L.L.P., New York (Blaine H. Bortnick of counsel), for appellant. Jackson Lewis, P.C., New York (Conrad S. Kee of counsel), for respondents.


Liddle & Robinson, L.L.P., New York (Blaine H. Bortnick of counsel), for appellant.

Jackson Lewis, P.C., New York (Conrad S. Kee of counsel), for respondents.

SWEENY, J.P., ACOSTA, FEINMAN, KAPNICK, WEBBER, JJ.

Opinion Order, Supreme Court, New York County (Melvin L. Schweitzer, J.), entered April 17, 2014, which granted defendants' motion to dismiss the complaint, unanimously reversed, on the law, without costs, and the motion denied.

The motion court erred in dismissing plaintiff's breach of contract causes of action as barred by the statute of frauds (see CPLR 3211[a][5] ). Plaintiff alleges that defendant Socius orally agreed to provide him with 15% of the profits generated by financing transactions originated by him. The emails to which he points, authored by defendants Wachs and Peizer, equal partners in Socius, confirm the material elements of this alleged agreement and therefore satisfy the requirements of the statute of frauds (see Morris Cohon & Co. v. Russell, 23 N.Y.2d 569, 574–575, 297 N.Y.S.2d 947, 245 N.E.2d 712 [1969] ; see also General Obligations Law § 5–701[a][10] ).

Since the statute of frauds constituted the motion court's only basis for dismissal of plaintiff's equitable claims, and defendants do not on appeal proffer any alternative basis for affirmance of the dismissal of those causes of action, plaintiff's satisfaction of the statute of frauds likewise warrants reinstatement of his promissory estoppel, unjust enrichment, and quantum meruit causes of action.

Reinstatement of the unjust enrichment cause of action warrants reinstatement of the constructive trust cause of action, particularly given defendants' agreement on appeal, that, under appropriate circumstances, unjust enrichment, standing alone, may support the imposition of a constructive trust (see Simonds v. Simonds, 45 N.Y.2d 233, 241–242, 408 N.Y.S.2d 359, 380 N.E.2d 189 [1978] ).

The motion court erred in dismissing plaintiff's Labor Law § 191(1)(c) claim on the ground that he was not a “commission salesperson” within the meaning of that statute (see Labor Law §§ 191[1][c] ; 190[6] ), as the record does not supply any basis upon which to make such a determination (see Matter of Dean Witter Reynolds,

Inc. v. Ross, 75 A.D.2d 373, 380–381, 429 N.Y.S.2d 653 [1st Dept.1980] ).


Summaries of

Josephberg v. Crede Capital Grp., LLC

Supreme Court, Appellate Division, First Department, New York.
Jun 28, 2016
140 A.D.3d 629 (N.Y. App. Div. 2016)
Case details for

Josephberg v. Crede Capital Grp., LLC

Case Details

Full title:Richard JOSEPHBERG, Plaintiff–Appellant, v. CREDE CAPITAL GROUP, LLC, et…

Court:Supreme Court, Appellate Division, First Department, New York.

Date published: Jun 28, 2016

Citations

140 A.D.3d 629 (N.Y. App. Div. 2016)
34 N.Y.S.3d 447
2016 N.Y. Slip Op. 5086

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