New York Court of Appeals

Video Corporation of America, Formerly Known as Teletronics International, Inc., Appellant-Respondent v. Frederick…

March 23, 198358 N.Y.2d 1026

Summary

The New York Court of Appeals affirmed the Appellate Division’s order, modifying it to deny the motion to dismiss and reinstate the plaintiff’s complaint, holding that a six‑year contract statute of limitations applies to actions for failure to exercise due care in the performance of a contract when seeking damages to property or pecuniary interests recoverable in a contract action.