Schulte Escapes Contract Spat Over Clearjets Startup

Law360, New York (June 24, 2010, 3:14 PM EDT) -- A New York appeals court has cut the remaining aiding and abetting claim against Schulte Roth & Zabel LLP in a dispute over the failed incorporation of a private jet rental company, while allowing the plaintiff to refile his contract and fraud claims against a former business partner.

The appellate division of the New York State Supreme Court on Tuesday reversed a lower court's order denying the law firm's motion to dismiss the remaining claim against it for aiding and abetting an alleged breach of fiduciary...
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