Case Name: 53 West 53rd, Inc., Appellant, v. 53rd Street Associates et al., Respondents. Arabian Investment Banking Corporation (Investcorp) E.C. et al., Counterclaim Defendants-Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1997-09-16
Citations: 242 A.D.2d 439
Docket Number: 
Parties: 53 West 53rd, Inc., Appellant, v 53rd Street Associates et al., Respondents. Arabian Investment Banking Corporation (Investcorp) E.C. et al., Counterclaim Defendants-Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 242
Pages: 439–440

Head Matter:
53 West 53rd, Inc., Appellant, v 53rd Street Associates et al., Respondents. Arabian Investment Banking Corporation (Investcorp) E.C. et al., Counterclaim Defendants-Appellants.
[662 NYS2d 252]

Opinion:
Order, Supreme Court, New York County (Harold Tompkins, J.), entered March 26, 1997, which denied plaintiff's motion for summary judgment on the complaint to quiet title, dismissing the counterclaims and canceling the subject notice of pendency, unanimously affirmed, with costs.
We agree that defendants have raised triable factual issues as to the existence and breach of a fiduciary duty, such that we view the circumstances broadly and with utmost concern for fairness (see, Schwartz v Lois Assocs., 149 AD2d 307, 310). Under these circumstances, summary judgment based solely on the contract language urged by plaintiff is inappropriate (see, Sandler v Fishman, 157 AD2d 708, 709). Concur—Murphy, P. J., Sullivan, Ellerin and Williams, JJ.