Myles v. North Fork Bancorporation (N.Y. Supreme Court)
When a large regional bank and a number of its top executives were accused of scheming to deprive a businessman of a $50 million finder’s fee, they turned to E&C for representation. E&C’s investigation revealed the businessman’s claim to be a complete fabrication, involving the clandestine formation of a corporate entity just days before the commencement of the litigation in an effort to avoid the consequences of New York’s Statute of Frauds. Faced with the fruits of this investigation as set forth in E&C’s motion papers, the plaintiff quickly withdrew the claim rather than face sanctions.