On August 7, 2024, the Second Department issued a decision in Comito v. Z & N Enters. Corp., 2024 NY Slip Op. 04124, holding that by making a mortgage payment, a borrower revived the statute of limitations on a claim for failure to pay the mortgage . . . Continue reading Mortgage Payment Revived Statute of Limitations on Defaulted Mortgage
On August 7, 2024, the Second Department issued a decision in South Shore Estates, Inc. v. Guy Friedman Realty Corp., 2024 NY Slip Op. 04156, holding that a written contract for the sale of real estate nonetheless failed to satisfy the statute of frauds because it lacked material non-price terms . . . Continue reading Written Contract for Sale or Real Estate Fails to Satisfy Statute of Frauds Because it Lacked Material Non-Price Terms
On July 29, 2024, Justice Bannon of the New York County Commercial Division issued a decision in Brighthill Capital, LLC v. Abrams, 2024 NY Slip Op. 32639(U), dismissing a claim for breach of the covenant of good faith and fair dealing as duplicative of a breach of contract claim . . . Continue reading Claim for Breach of Covenant of Good Faith and Fair Dealing Dismissed As Duplicative of Breach of Contract Claim
On July 12, 2024, Justice Chan of the New York County Commercial Division issued a decision in New Legend Debt by Meitav Dash L.P. v. Sam & Kate Prod., LLC, 2024 NY Slip Op. 32648(U), dismissing a claim for negligent misrepresentation for failure to allege a sufficiently close relationship between the plaintiff and the defendant . . . Continue reading Claim for Negligent Misrepresentation Dismissed for Failure to Allege Sufficiently Close Relationship Between the Parties
On July 10, 2024, Justice Cohen of the New York County Commercial Division issued a decision in Jobar Holding Corp. v. Halio, 2024 NY Slip Op. 32650(U), holding that a new decision applying existing law is not a change in the law that can support a motion for renewal . . . Continue reading New Decision Applying Existing Law Not a Change Law Supporting Motion for Renewal
On July 8, 2024, Judge Patel of the New York County Commercial Division issued a decision in Charlier v. Agri-Fintech Holdings, Inc., 2024 NY Slip Op. 32645(U), denying a motion for default judgment for failure properly to serve the motion . . . Continue reading Inadequate Service Dooms Motion for Default Judgment
On July 23, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Gold v. Freeway Carriers Inc., 2024 NY Slip Op. 32551(U), dismissing a motion to confirm an arbitral award for failure to bring it within one year . . . Continue reading Motion to Confirm Arbitral Award Dismissed for Failure to Move Within One Year
On July 23, 2024, Justice Chan of the New York Commercial Division issued a decision in SD Stability SDIRA, LLC v. Maxben Holdings, LLC, 2024 NY Slip Op. 32556(U), holding that the return date for a motion for summary judgment in lieu of complaint must be after the defendant’s time to appear . . . Continue reading Return Date for Motion for Summary Judgment in Lieu of Complaint Must be After the Defendant’s Time to Appear
On July 25, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Citilink Motors, LLC v. Joel K. Holding Co, LLC, 2024 NY Slip Op. 32560(U), holding that a note with a criminally usurious rate is void . . . Continue reading Note With Criminally Usurious Interest Rate is Void
On July 25, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Pfanner v. Anderson, 2024 NY Slip Op. 32576(U), holding that a buyer who had no reason to think a deed was not valid was a good faith purchaser and was entitled to possession of the property . . . Continue reading Buyer Who Had No Reason to Think Deed Was Not Valid Was Good Faith Purchaser
