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Daily Archives: Saturday, April 6, 2019

Posted: April 6, 2019

Statute of Frauds Bars Claim for Fee in Connection with Finding a Business Opportunity

On March 27, 2019, the Second Department issued a decision in Best Global Alternative, Ltd. v. FCIC Constr. Servs., Inc., 2019 NY Slip Op. 02308, holding that the Statute of Frauds barred a claim for a fee in connection with finding a business opportunity, explaining: Pursuant to General Obligations Law § 5-701(a)(10), an agreement or some... Read more »