Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency

Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency

On November 19, 2025, the Second Department issued a decision in American Premium Realty Group, LLC v. 37-19 Realty, Inc., 2025 NY Slip Op. 06301, affirming that imposition of a $20.5 million undertaking as a condition of vacating a notice of pendency . . . Continue reading Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency

Court Grants Attachment in Support of Arbitration

Court Grants Attachment in Support of Arbitration

On July 21, 2025, Justice Chan of the New York County Commercial Division issued a decision in Quinn Emanuel Urquhart & Sullivan, LLP v. Desktop Metal, Inc., 2025 NY Slip Op. 32953(U), granting an injunction is support of an arbitration, holding, regarding the justification for the attachment, that any arbitration award might be rendered ineffectual without the attachment . . . Continue reading Court Grants Attachment in Support of Arbitration

Decision Analyzes Categories of Costs Recoverable from an Injunction Undertaking

Decision Analyzes Categories of Costs Recoverable from an Injunction Undertaking

On February 13, 2025, Justice Bannon of the New York County Commercial Division issued a decision in CMB Export Infrastructure Inv. Group 48, LP v. Motcomb Estates, Ltd., 2025 NY Slip Op. 30572(U), discussing the categories of costs recoverable from an injunction undertaking . . . Continue reading Decision Analyzes Categories of Costs Recoverable from an Injunction Undertaking

Dispute Over the Distribution of Revenue Does Not Justify the Appointment of a Receiver

Dispute Over the Distribution of Revenue Does Not Justify the Appointment of a Receiver

On December 16, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Pesochinsky v. Gurariy, 2024 NY Slip Op. 34371(U), holding that a dispute over the distribution of revenue did not justify the appointment of a receiver . . . Continue reading Dispute Over the Distribution of Revenue Does Not Justify the Appointment of a Receiver

Party Not Entitled to Injunction Because Money Damages Would Provide an Adequate Recovery

Party Not Entitled to Injunction Because Money Damages Would Provide an Adequate Recovery

On December 11, 2024, Justice Chan of the New York County Commercial Division issued a decision in Metcalf v. Safirstein Metcalf, LLP, 2024 NY Slip Op. 34381(U), denying a motion for a preliminary injunction because the plaintiff was seeking money damages, even though the funds sought were in an escrow account . . . Continue reading Party Not Entitled to Injunction Because Money Damages Would Provide an Adequate Recovery

Whether Party Can Recover on Injunction Undertaking is Determined by Final Decision on the Merits

Whether Party Can Recover on Injunction Undertaking is Determined by Final Decision on the Merits

On December 11, 2024, Justice Platkin of the Albany County Commercial Division issued a decision in Cyprium Therapeutics, Inc. v. Curia Global, Inc., 2024 NY Slip Op. 51698(U), holding that whether a party can recover on an injunction undertaking is determined by the final decision on the merits . . . Continue reading Whether Party Can Recover on Injunction Undertaking is Determined by Final Decision on the Merits

Court Issues Preliminary Injunction Ordering Parties to Close Purchase Transaction

Court Issues Preliminary Injunction Ordering Parties to Close Purchase Transaction

On April 6, 2024, Justice Masley of the New York County Commercial Division issued a decision in James Riv. Group Holdings, Ltd. v. Fleming Intermediate Holdings LLC, 2024 NY Slip Op. 24162, issuing a preliminary injunction ordering parties to close a purchase transaction . . . Continue reading Court Issues Preliminary Injunction Ordering Parties to Close Purchase Transaction