Cooperstein v. Pan-Oceanic Marine, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “the plaintiff’s allegation that he suffered pecuniary loss based upon [the out-of-state defendant’s alleged fraud and misrepresentation, without more, is insufficient to sustain his burden of showing that the injury occurred in New York”
• plaintiff alleging economic injury based on transactions with Virginia and Florida cannot claim injury occurred in New York
• “[T]here must be a more direct injury •within the State than the indirect financial loss resulting from the fact that the injured person resides or is domiciled here.”
• plaintiff alleging economic injury based on transactions with Virginia and Florida cannot claim injury occurred in New York
• out-of-state lender not subject to personal jurisdiction under § 302(a)(3) where lender’s alleged fraud and misrepresentation caused only indirect financial loss, if any, to borrower in state
• to satisfy section 302(a)(3), “there must be a more direct injury within the State than the indirect financial loss resulting from the fact that the injured person resides or is domiciled here.”

Source: CourtListener parenthetical corpus (CC0).