Issue: Where do fraud claims accrue in New York?
|Area of Law:||Business Organizations & Contracts, Litigation & Procedure|
|Keywords:||Fraud claims; Accrual of claim|
|Cited Cases:||582 F. Supp. 1421; 71 A.D.2d 587; 418 N.Y.S.2d 432|
Lang v. Paine Webber, Jackson & Curtis, 582 F. Supp. 1421 (S.D.N.Y. 1984) (fraud claim accrues where the harm was felt, normally where plaintiff resides, but court can consider all relevant factors to determine where loss is felt)
Prefabco, Inc. v. Olin Corp., 71 A.D.2d 587, 418 N.Y.S.2d 432 (1979) (fraud claim accrues where resulting loss was sustained, not where misrepresentations were made)