69 A.D.3d 483 894 N.Y.S.2d 30

Pegasus Aviation I, Inc., et al., Respondents, v Varig Logistica S.A. et al., Defendants, and MatlinPatterson Global Advisers, LLC, Appellant.

[894 NYS2d 30]

This is an action for replevin and damages for breach of airplane leases. Accepting the alleged facts as true and according plaintiff the benefit of every possible favorable inference (Leon v Martinez, 84 NY2d 83, 87-88 [1994]), the complaint sufficiently alleges that MatlinPatterson exercised complete domination over Varig Logística—and was thus its alter ego— with respect to the transaction at issue, and that such domination facilitated the fraud or wrongdoing that resulted in plaintiffs injury (Matter of Morris v New York State Dept, of Taxation & Fin., 82 NY2d 135, 141 [1993]). Concur—Mazzarelli, J.P, Saxe, Acosta, DeGrasse and Manzanet-Daniels, JJ.

Pegasus Aviation I, Inc. v. Varig Logistica S.A.
69 A.D.3d 483 894 N.Y.S.2d 30

Case Details

Name
Pegasus Aviation I, Inc. v. Varig Logistica S.A.
Decision Date
Jan 19, 2010
Citations

69 A.D.3d 483

894 N.Y.S.2d 30

Jurisdiction
New York

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