Daily Archives: Tuesday, April 9, 2019

Posted: April 9, 2019

Oral Agreement to Sell Securities Enforceable Even if it Cannot Be Performed Within a Year

On March 19, 2019, Justice Sherwood of the New York County Commercial Division issued a decision in Hill v. Full 360 Inc., 2019 NY Slip Op. 30718(U), holding that an oral agreement to sell securities was enforceable even if it could not be performed within a year, explaining: Defendants’ statute of frauds argument lacks merit. In... Read more »