v. Hempstead China Shop, 38 F.3d 651.654; Irving Trust Corporation v. Nationwide Leisure Corporation, (4141 711 F. Supp. 166. 168 (S.D.N.Y. 1989); Toyomcnka Pacific Petroletun, Inc. v. Hess Oil Virgin Islands Corp., 771 F. Supp. 63. 67 (S.D.N.Y. 1991); Oppenheimer & Co. v. Oppenheitn, Appel. Dixon, & Co., 86 N.Y.2d 685, 691, 660