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SNORKEL PRODUCTIONS, INC. v. BECKMAN LIEBERMAN & BARANDES, LLP

62 A.D.3d 505 (2009)

880 N.Y.S.2d 8

SNORKEL PRODUCTIONS, INC., et al., Appellants, v. BECKMAN LIEBERMAN & BARANDES, LLP, et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

May 14, 2009.

In light of plaintiffs' admission that, had defendants properly advised them of the date on which the option to produce a dramatic-musical play written by Barry Manilow and Bruce Sussman, who held his rights through Appoggiatura, would lapse, they would have timely renewed the option and proceeded to invest, willingly assuming the risk that they would be unable to obtain adequate financing and the production would fail, the motion...

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