Centro Empresarial Cempresa S.A. v. América Móvil, S.A.B. de C.V.

New York Court of Appeals · Decided 2011-06-07

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OPINION OF THE COURT Ciparick, J. Plaintiffs claim they were fraudulently induced to sell their ownership interests in a company they co-owned with one of the defendants, and to release defendants from claims arising out of that ownership. We affirm the Appellate Division’s determination that this action is barred by the release. Plaintiffs Centro Empresarial Cempresa S.A. (Centro) and Con…

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