Case Name: Margaret R. Schorsch et al., Appellants, v. David A. Schorsch, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1998-01-06
Citations: 246 A.D.2d 313
Docket Number: 
Parties: Margaret R. Schorsch et al., Appellants, v David A. Schorsch, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 246
Pages: 313–314

Head Matter:
Margaret R. Schorsch et al., Appellants, v David A. Schorsch, Respondent.
[668 NYS2d 13]

Opinion:
Order, Supreme Court, New York County (Charles Ramos, J.), entered March 26, 1997, which, to the extent appealed from, granted defendant's motion for summary judgment dismissing the first and second causes of action and dismissing the fourth, fifth and seventh causes of action only as to plaintiff Margaret Schorsch, and denied plaintiffs' cross motion for summary judgment on the eleventh cause of action, unanimously affirmed, without costs.
The IAS Court properly granted summary judgment dismissing the first and second causes of action, and the fourth, fifth and seventh causes of action as to plaintiff Margaret Schorsch, all of which are premised upon the existence of a joint venture agreement. Plaintiff Schorsch fails to raise a triable issue of fact that the parties agreed to share profits and losses, which is essential to recovery on a joint venture theory (see, Demian, Ltd. v Frank Assocs., 671 F2d 720, 723). Contrary to the IAS Court, the eleventh cause of action may be treated as an action to recover upon an assignment to plaintiff Margaret Schorsch of defendant's receipt of proceeds under certain trust and will instruments. Nonetheless, the IAS Court properly denied summary judgment in favor of plaintiffs on the eleventh cause of action since they failed to furnish prima facie proof of defendant's receipt of proceeds under these instruments, which would trigger his obligation to pay plaintiff Schorsch under their agreement.
We have considered plaintiffs' remaining contentions and find them to be without merit. Concur—Milonas, J. P., Mazzarelli, Andrias and Colabella, JJ.