ARGUMENT...........................................................................................................................27

            POINT I

            SUPREME COURT PROPERLY DISMISSED
            PLAINTIFFS’ COMPLAINT

            A.  General Legal Principles.......................................................................................27

            B.  The Complaint Was Properly Dismissed
                  Pursuant to CPLR 3211.........................................................................................27

            C.  The Doctrine of Collateral Estoppel Bars
                  Plaintiffs’ Complaint..............................................................................................30

            D.  Plaintiffs’ Claims Are Barred By Waiver And Estoppel......................................45

            E. The Prior Judicial Determination Acknowledging
                 Defendant’s Entitlement To A Fee Bars Any Claim
                 For Legal Malpractice Or Breach Of Fiduciary Duty..........................................47

            F. The Duplicative Causes Of Action Require Dismissal..........................................49

            POINT II

            PLAINTIFFS ARE NOT ENTITLED TO PUNITIVE
            DAMAGES...................................................................................................................50

CONCLUSION.........................................................................................................................53

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