December 29, 2022

An alleged breach of fiduciary duty.

There is no fiduciary relationship where the contracting parties were engaged in an arms' length transaction, as it is a purely business relationship.

National Auditing Servs. & Consulting, LLC v. 511 Prop., LLC, NY Slip Op 07300 (1st Dep't December 22, 2022)

Here is the decision.