Tag Archives: Contract

Centech LLC v. Yippie Holdings LLC, Index No. 107802/2009, 12/23/14 (Oing, J.).

By: Moshe Boroosan | Contributor Contracts; Requisites and Validity; Parties, Proposals and Acceptance; Options; Right of first refusal. Defendant 9 Bleeker Street LLC (“Bleeker”) sold a building to Yippie Holdings, LLC and National Aids Brigade, Inc. (“Yippee/NAB defendants”) for $1.2 million.  … Continue reading

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Lau v. Lazar, Index No. 651648/2013, 10/14/2014 (Kornreich, J.).

By Christine Kummer | Staff Writer Contract; individual liability; veil piercing; NY LLC §609-10; unjust enrichment. Individual defendant, an accountant and owner of corporate defendants negotiated a letter of intent with individual plaintiff, a doctor and owner of corporate plaintiffs … Continue reading

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Ambac Assurance Corporation v. EMC Mortgage LLC, Index No. 12665 651013/12 (Kapnick, J.).

By Evan Jaffe | Staff Writer Contract; breach; standing. Plaintiff brought suit seeking to recover losses for breaches of multiple sections of interconnected contracts involving residential mortgage-backed-securities (“RMBS”).  Plaintiff alleged Defendant’s fraud and misrepresentations caused Plaintiff to pay over $300 … Continue reading

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AJ Holdings Group v. IP Holdings, LLC and ICONIX Brand Group, Index No. 600530/2009, 9/15/14 (Scarpulla, J.).

By Michael Farinacci | Staff Writer Contract; breach; adverse inference; electronic discovery; spoliation; sanctions Plaintiff entered into a license agreement with defendants. Plaintiff alleged that defendants breached the agreement by prematurely terminating it without notice and failing to return $2.6 million … Continue reading

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Am. Media, Inc. v. Bainbridge & Knight Laboratories, LLC, Index No. 650230/2013, 9/19/2014 (Bransten, J.).

By Christina Nguyen | Staff Writer Contract; breach; breach of fiduciary duty; fraud; debtor and creditor law Plaintiffs commenced an action seeking $1,299,900 for advertising services in magazines owned by plaintiffs allegedly performed for corporate defendant and individual defendant who … Continue reading

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Embroidery Industries, Inc., v. RVC Enterprises, LLC, ROC Fashions, LLC, and Aussie Fashions, LLC., Index No. 652827/2012, 10/7/2014 (Sherwood, J.).

By Kevin Wong | Staff Writer Breach; contract; Default Judgment; damages Plaintiff sued defendants for alleged non-payment for goods. Plaintiff’s motion seeking default judgment in the amount of $942,079.21 plus interest, costs, and disbursements was unopposed because of the defendants’ … Continue reading

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Richter + Ratner Contracting Corp. v. Estate 4 Capital, LLP, Index No. 112469/2011, 9/16/14 (Schweitzer, J.).

By Caroline Faughnan | Staff Writer Contract; breach; promissory estoppel. Defendants are the owner and developer and the on-site representative for commercial property.  Plaintiff is a construction company who assumed the role of construction manager (PCPM) during the preconstruction phase … Continue reading

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Eric Woods, LLC v. Schrade, Index No. A811-2014, 10/2/14 (Platkin, J.).

By Andrea Bonilla┃Staff Writer Contract; breach; non-competition agreement; preliminary injunction On August 29, 2011, plaintiff purchased an Allstate insurance agency from defendant pursuant to an Asset Purchase Agreement (“APA”). Included in this purchase were “any and all customer lists and … Continue reading

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Evgeny “Gene” Friedman v. The New York City Taxi and Limousine Commission, et al., Index No. 653966/2013, 8/11/14 (Schweitzer, M.).

Contract; Breach; Class Action; Certification; Standing. By: Rachel Allen┃Managing Editor Putative class plaintiff moved for class certification in his suit against defendants, the New York City Taxi and Limousine Commission (TLC), the Chairman and Commissioner of the TLC, and Transportation … Continue reading

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