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Daily Archives: Tuesday, July 4, 2017

Posted: July 4, 2017

Court Upholds Implied Covenant Claim Based on Frustration of Plaintiff’s Efforts to Recover Funds

On June 22, 2017, the First Department issued a decision in Tillage Commodities Fund, L.P. v. SS&C Tech., Inc., 2017 NY Slip Op. 05155, upholding a claim for breach of the implied covenant of good faith and fair dealing based on a fund administrator’s alleged frustration of the plaintiff’s efforts to recover money of which… Read more »