Northeast General Corporation, Appellant v. Wellington Advertising, Inc., Respondents

Summary

The New York Court of Appeals reversed the Appellate Division and reinstated the jury verdict awarding the finder fee, holding that a finder‑seller agreement does not by itself create a fiduciary relationship requiring disclosure of adverse information. The court emphasized that fiduciary duties arise only from an express contractual trust, not from the label "finder". A dissent argued that the finder owed a minimum duty of disclosure.