The 2nd U.S. Circuit Court of Appeals has asked New York’s highest court to resolve two unsettled questions of New York law it says are important to the business and financial communities.
In two opinions issued Tuesday, the circuit requested that the New York Court of Appeals resolve issues concerning the definition of a security under the New York Uniform Commercial Code and the circumstances under which a “generalized economic interest in soliciting business for profit” can be used as a defense to a claim of tortious interference with a contract.
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