Thursday, September 29, 2016

Failure to state a cause of action for fraudulent inducement and fraud.

Practice point:  A complaint fails to state a cause of action for fraudulent inducement and fraud to the extent that it relies on representations that are non-actionable statements of either intent or belief.

Case:  GSO Coastline Credit Partners LP v. Global A&T Electronics Ltd., NY Slip Op 06143 (1st Dep't September 27, 2016)

Here is the decision.

Tomorrow's issue:  A dismissed retaliation claim.