Appellate Division of the Supreme Court of New York, 1996

Lieber v. TBS Group, Inc.

Lieber v. TBS Group, Inc.
Appellate Division of the Supreme Court of New York · Decided February 13, 1996
224 A.D.2d 272; 638 N.Y.S.2d 22; 1996 N.Y. App. Div. LEXIS 1056
Lieber v. TBS Group, Inc.

Opinion of the Court

—Judgment, Supreme Court, New York County (Herman Cahn, J.), entered October 21, 1994, dismissing the complaint, and bringing up for review an order, same court and Justice, entered October 5,1994, which granted defendants’ motion for summary judgment, unanimously af*273firmed, with costs. The appeal from the order is unanimously dismissed as subsumed in the appeal from the judgment, without costs.

Plaintiff fails to raise an issue of fact that she justifiably relied upon the alleged oral promise to invest hundreds of thousands of dollars in the company in the future, given the merger clauses in the subject written agreements (see, Citibank v Plapinger, 66 NY2d 90; Danann Realty Corp. v Harris, 5 NY2d 317, 320-321), and plaintiff’s admission that defendants expressly declined to promise future investment in such agreements (see, Deligiannis v Pepsico, Inc., 757 F Supp 241, 255). Concur — Wallach, J. P., Nardelli, Williams and Mazzarelli, JJ.

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