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PARAMETRIC CAPITAL MANAGEMENT, LLC v. LACHER
Appellate Division of the Supreme Court of New York, First Department.
Feb 7, 2006
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The action for which Supreme Court sanctioned plaintiffs, although apparently lacking in legal merit, was not so egregious as to constitute "frivolous conduct" within the meaning of 22 NYCRR 130-1.1. We therefore vacate the award of sanctions.
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