Summary Judgment in Lieu of Complaint Denied Because of Questions of Fact Regarding Whether the Guarantor Had Satisfied Its Payment Obligations
Commercial Case Notes / Summary Judgment

Summary Judgment in Lieu of Complaint Denied Because of Questions of Fact Regarding Whether the Guarantor Had Satisfied Its Payment Obligations

On September 2, 2025, Justice Patel of the New York County Commercial Division issued a decision in Corten Real Estate 1213 Walnut GP, LLC v. Goldenberg, 2025 NY Slip Op. 33275(U), holding that questions of fact regarding whether the guarantor had satisfied its payment obligations under a guarantee precluded summary judgment in lieu of complaint . . . Continue reading Summary Judgment in Lieu of Complaint Denied Because of Questions of Fact Regarding Whether the Guarantor Had Satisfied Its Payment Obligations

Default Judgment Based on Failure to Appear by Counsel Denied for Failure to Submit Facts Establishing its Claim
Commercial Case Notes / Default Judgment

Default Judgment Based on Failure to Appear by Counsel Denied for Failure to Submit Facts Establishing its Claim

On August 20, 2025, Justice Masley of the New York County Commercial Division issued a decision in Bldg 44 Devs. LLC v. Pace Cos. N.Y., LLC, 2025 NY Slip Op. 33126(U), declining to grant a default judgment based on the failure to appear by counsel due to the plaintiff’s failure submit facts establishing its claim . . . Continue reading Default Judgment Based on Failure to Appear by Counsel Denied for Failure to Submit Facts Establishing its Claim

Exchange of E-Mails Agreeing to Settle Did Not Create Binding Agreement Because of Failure to Agree to Material Terms
Commercial Case Notes / Contracts

Exchange of E-Mails Agreeing to Settle Did Not Create Binding Agreement Because of Failure to Agree to Material Terms

On September 2, 2025, Justice Reed of the New York County Commercial Division issued a decision in CoPilot Travel, Inc. v. Magstar Capital, LLC, 2025 NY Slip Op. 51388(U), holding that an exchange of e-mails agreeing to settle did not create a binding settlement agreement because the parties did not agree on all the material terms of the agreement . . . Continue reading Exchange of E-Mails Agreeing to Settle Did Not Create Binding Agreement Because of Failure to Agree to Material Terms

Default Judgment Denied on Claims Where the Plaintiff Only Alleged Facts Upon Information and Belief
Commercial Case Notes / Default Judgment

Default Judgment Denied on Claims Where the Plaintiff Only Alleged Facts Upon Information and Belief

On August 27, 2025, Justice Masley of the New York County Commercial Division issued a decision in Benuvia Holdings, LLC v Next Frontier Holdings, Inc., 2025 NY Slip Op. 33220(U), denying default judgment on claims where the plaintiff alleged facts only upon information and belief . . . Continue reading Default Judgment Denied on Claims Where the Plaintiff Only Alleged Facts Upon Information and Belief

Summary Judgment Denied Because Supporting Affidavit Failed to Establish Basis for the Facts it Contained
Commercial Case Notes / Evidence / Summary Judgment

Summary Judgment Denied Because Supporting Affidavit Failed to Establish Basis for the Facts it Contained

On September 10, 2025, the Second Department issued a decision in Bank of Am., N.A. v. Barnett, 2025 NY Slip Op. 04861, holding that summary judgment on a foreclosure action was denied because the servicer’s supporting affidavit failure to establish a foundation for the facts it contained . . . Continue reading Summary Judgment Denied Because Supporting Affidavit Failed to Establish Basis for the Facts it Contained