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Daily Archives: Friday, May 1, 2020

Posted: May 1, 2020

Lack of Due Diligence Dooms Fraudulent Inducement Claim

On April 16, 2020, Justice Ostrager of the New York County Commercial Division issued a decision in Shilpa Saketh Realty Inc. v. Vidiyala, 2020 NY Slip Op. 30952(U), holding that a lack of due diligence doomed a fraudulent inducement claim, explaining: Plaintiff’s second argument against the applicability of the Release is that the Release is... Read more »