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Daily Archives: Wednesday, May 10, 2017

Posted: May 10, 2017

Oral Contract Barred by Statute of Frauds

On May 4, 2017, the First Department issued a decision in Galopy Corp. Intl., N.V. v. Deutsche Bank, A.G., 2017 NY Slip Op. 03599, holding that a claim based on an oral contract should have been dismissed based on the statute of frauds, explaining: The breach of contract claim is barred by the statute of… Read more »