BALANCED RETURN FUND LTD. v. ROYAL BANK OF CAN.

762, 600949/09.

138 A.D.3d 542 (2016)

28 N.Y.S.3d 589

2016 NY Slip Op 02928

BALANCED RETURN FUND LIMITED et al., Appellants, v. ROYAL BANK OF CANADA et al., Respondents.

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

Decided April 19, 2016.


Order, Supreme Court, New York County (O. Peter Sherwood, J.), entered November 3, 2014, which, to the extent appealed from as limited by the briefs, granted defendants' motion for summary judgment dismissing plaintiff Balanced Return Funds Limited's causes of action for breach of fiduciary duty, fraud, aiding and abetting breach of fiduciary duty and aiding and abetting fraud, unanimously affirmed, with costs.

The motion court correctly found that defendant was not...

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