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ATLANTIS CAPITAL MANAGEMENT, L.P. V INSURED DEVELOPMENT EQUITY ADVISORS, LLC

0101106/2007 Motion Seq. No. 01

2008 NY Slip Op 32322 (U)

ATLANTIS CAPITAL MANAGEMENT, L.P., Plaintiff, v. INSURED DEVELOPMENT EQUITY ADVISORS, LLC, Defendant.

Supreme Court of the State of New York, New York County.

August 18, 2008.

HERMAN CAHN, Judge.

Plaintiff Atlantis Capital Management, L.P. (ACM) brings this action to recover amount claimed to be due it on a promissory note.

Defendant Insured Development Equity Advisors, LLC (IDEA) moves to dismiss the complaint, CPLR 306-b, 327, and 3211 (a) (1), (7) and (8). ACM cross-moves for summary judgment on its sole contract cause of action, CPLR 3212.

BACKGROUND

It is alleged in the complaint that ACM is a limited...

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