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N.Y. court returns dismissed escrow case to trial
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Court Report
Monday, April 16, 2012
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The New York Supreme Court, Appellate Division, held that prospective purchaser sufficiently alleged a cause of action against escrow agent for breach of fiduciary duty, overturning the lower court’s granting of the escrow agent’s motion to dismiss, and returning the case to trial. Read on for the details of the dispute.
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