Case Name: ESE Funding SPC Ltd., Appellant, v. Morgan Stanley et al., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 2009-12-29
Citations: 68 A.D.3d 676
Docket Number: 
Parties: ESE Funding SPC Ltd., Appellant, v Morgan Stanley et al., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 68
Pages: 676–677

Head Matter:
ESE Funding SPC Ltd., Appellant, v Morgan Stanley et al., Respondents.
[891 NYS2d 400]

Opinion:
Plaintiff negotiated an arm's length commercial contract with defendant Morgan Stanley Altabridge to purchase defendants' financial risk associated with a third-party security transaction. Plaintiff has made no showing that any of these defendants had a "special relationship" with plaintiff (cf. Kimmell v Schaefer, 89 NY2d 257 [1996]).
We have reviewed plaintiffs remaining arguments and find them unavailing. Concur — Andrias, J.P., Friedman, Acosta, DeGrasse and Román, JJ.