Wednesday, 1 October 2014
Last updated 4 hours ago
Apr 2 2014 | 10:05am ET
Adriana Ferreyr may indeed have been distressed by her ex-boyfriend’s backing out of a promise to buy her a Manhattan apartment. But George Soros isn’t legally liable for it, an appeals court ruled yesterday.
The New York State Supreme Court Appellate Division said that Soros’ change of heart—he eventually bought the East 85th Street home for his new girlfriend, whom he married last year—“cannot be said to be extreme and outrageous.” Nor did the hedge fund billionaire act “with disinterested malevolence” or cause “unconscionable injury,” any of which may have supported Ferreyr’s claim of “intentional infliction of emotional distress.”
Ferreyr, a Brazilian soap-opera actress, was seeking $50 million from Soros, who claims to have had an “on-again, off-again and non-exclusive relationship” with Ferreyr for about four years. She claimed that Soros promised to buy her two apartments in New York, and that in 2010 he struck her, attempted to choke her and threatened her with a lamp during an argument about the apartments.
The Appellate Division let the assault and battery claim stand, despite Soros’ claim that Ferreyr’s report to the police at the time contradicted her allegations in the lawsuit.
The survival of the assault claim is somewhat poetic, given Ferreyr’s alleged attack on Soros during a deposition in February. Soros’ lawyer alleged that Ferreyr struck Soros in the head during the deposition, knocking off his head phones. Martin Singer added that Ferreyr, who was verbally abusive during the proceedings, also attacked him and slapped and kicked a Soros aide.
“We are gratified by the court’s decision vindicating Mr. Soros,” another of his lawyers, William Zabel, said. “We are confident that in time the court will also reject the absurd claim of assault.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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