On August 16, 2021, Justice Cohen of the New York County Commercial Division issued a decision in Audax Credit Opportunities Offshore Ltd. v. TMK Hawk Parent, Corp., 2021 NY Slip Op. 50794(U), refusing to enforce a no action clause . . . Continue reading Court Refuses to Enforce No Action Clause
On July 26, 2021, Justice Borrok of the New York County Commercial Division issued a decision in Schorsch v. Luxor Capital Partners, LP, 2021 NY Slip Op. 50698(U), holding that bringing suit on a claim that was settled was a breach of the settlement agreement . . . Continue reading Suing on Released Claim is Breach of Settlement Agreement
On July 16, 2021, the Fourth Department issued a decision in Field v. Pet Haven, Inc., 2021 NY Slip Op. 04450, holding that an exchange of e-mails between counsel was sufficient to create a binding settlement agreement . . . Continue reading Exchange of E-mails Between Counsel Created Binding Settlement Agreement
