In this action arising out of a dispute between former business associates, the Supreme Court erred in denying that branch of the appellants’ motion which was pursuant to CPLR 3211 (a) (8) to dismiss the complaint insofar as asserted against the defendant Vishu Bhambhani for lack of personal jurisdiction. The
Similarly, the Supreme Court should have granted that branch of the appellants’ motion which was pursuant to CPLR 3211 (a) (5) to dismiss the fourth, fifth, seventh, and ninth causes of action insofar as asserted against them as time-barred. The fourth and fifth causes of action, alleging, respectively, breach of fiduciary duty and waste of business assets, seek money damages and are not founded on allegations of fraud. Thus, those causes of action are governed by the three-year limitations period applicable to injury to property (see CPLR 214 [4]; IDT Corp. v Morgan Stanley Dean Witter & Co., 12 NY3d 132, 139-140 [2009]; Carbon Capital Mgt., LLC v American Express Co., 88 AD3d 933 [2011]; Monaghan v Ford Motor Co., 71 AD3d 848, 849-850 [2010]; Yatter v Morris Agency, 256 AD2d 260, 261 [1998]; Powers Mercantile Corp. v Feinberg, 109 AD2d 117, 120-121 [1985], affd 67 NY2d 981 [1986]). Likewise, a three-year limitations period applies to the seventh cause of action, seeking damages for interference with contractual and business relations (see Kronos, Inc. v AVX Corp., 81 NY2d 90, 92-93 [1993]; Chung v Wang, 79 AD3d 693, 694 [2010]; Amaranth LLC v J.P. Morgan Chase & Co., 71 AD3d 40, 47-48 [2009]; Marine Midland Bank v Renck, 208 AD2d 688 [1994]), and the ninth cause of action, alleging a conversion of certain assets (see Davidson v Fasanella, 269 AD2d 351, 352 [2000]; Erdheim v Matkins, 259 AD2d 515, 516 [1999]). Since all of the acts complained of allegedly took place in 2003, and the instant action was not commenced until 2009, the foregoing causes of action are time-barred. The plaintiffs conclusory claim that the appellants should be equitably estopped from relying on the statute of limitations defense is without merit (see e.g. Reiner v Jaeger, 50 AD3d 761, 762 [2008]; Garcia v Peterson, 32 AD3d 992, 992-993 [2006]).
That branch of the appellants’ motion which was pursuant to CPLR 3211 (a) (1) to dismiss the complaint to the extent that it asserts claims by the plaintiff in a shareholder derivative capac
The appellants’ remaining contention is without merit. Mastro, A.EJ., Florio, Eng and Sgroi, JJ., concur.