American International 1994 Venture v Mau Affirming Dismissal of Claims Against Investors


Satterlee Stephens Partner Mario Aieta, together with Richard Saldinger of Shaw Fishman Glantz & Tobin LLP, obtained the dismissal of 31 separate cases filed in Supreme Court, Nassau County, against Illinois-based investors who were sued in New York to enforce notes given in connection a series of oil and gas tax shelter programs. The Appellate Division, Second Department, affirmed the dismissals, holding that the investors were not subject to personal jurisdiction in New York courts based solely on the appointment of an agent in New York to conduct the business of the programs.  

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