Furthermore, contrary to plaintiff’s assertion, the record establishes that in Geller’s motion to dismiss the bankruptcy proceeding, to which plaintiff was a party, he revealed that a pending disputed arbitration against himself and CIBC, which he had listed as a contingent liability, would not exist following the dismissal of the bankruptcy. This put plaintiff on notice that the arbitration had been disposed of insofar as Geller was concerned, yet plaintiff neither opposed the motion nor sought any discovery as to the status of the arbitration.
The unjust enrichment cause of action was properly dismissed inasmuch as the settlement between Geller and plaintiff is a valid and enforceable contract which controls the rights of the parties as they relate to the instant dispute (see Clark-Fitzpatrick, Inc. v Long Is. R.R. Co.,
