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· 9/30/2022

Liberty Warranty Corp. v. Fuccillo Automotive Group, Inc.

Citations

  • 208 A.D.3d 1591
  • 174 N.Y.S.3d 635
  • 2022 NY Slip Op 05400

How courts have described this case

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

  • explaining that, under Minnesota law, to establish common law fraud, a party must prove “(1) a false representation of a past or existing material fact susceptible of knowledge; (2
  • declining to determine content of common law fiduciary duties of majority shareholder of closely-held corporation because shareholders failed to demonstrate a breach even under standard they advocated
  • explaining that the elements of common law fraud under Minnesota law are: “(1) a false representation of a past or existing material fact susceptible of knowledge; (2) made with knowledge of the falsity of the representation or made without knowing whether it was true or false; (3
  • noting a common-law claim of fraud requires proof of a false representation
  • analyzing claim of unfairly prejudicial conduct arising from reverse stock split
  • to prove a common law fraud claim, plaintiff must prove reliance and pecuniary loss

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.