Forum Selection Clause Did Not Create Jurisdiction Over Aiding and Abetting Breach of Fiduciary Duty Claim

Forum Selection Clause Did Not Create Jurisdiction Over Aiding and Abetting Breach of Fiduciary Duty Claim

On March 12, 2026, the First Department issued a decision in DKC Group Holdings, LLC v. Reece, Inc., 2026 NY Slip Op. 01442, holding that a forum selection clause did not create jurisdiction over a claim for aiding and abetting a breach of fiduciary duty . . . Continue reading Forum Selection Clause Did Not Create Jurisdiction Over Aiding and Abetting Breach of Fiduciary Duty Claim

Court Holds That Discovery Permissible in Proceeding to Vacate Arbitral Award, Although Denied on Current Application

Court Holds That Discovery Permissible in Proceeding to Vacate Arbitral Award, Although Denied on Current Application

On March 2, 2026, Justice Cohen of the New York County Commercial Division issued a decision in Shell NA LNG LLC v. Venture Global Calcasieu Pass, LLC, 2026 NY Slip Op. 30753(U), holding that discovery is available in a proceeding to vacate an arbitral award, although denying the application in this proceeding . . . Continue reading Court Holds That Discovery Permissible in Proceeding to Vacate Arbitral Award, Although Denied on Current Application

Questions of Fact Regarding Legitimacy of Reconciliation Provisions Preclude Summary Judgment on Whether Agreement is a Merchant Cash Advance

Questions of Fact Regarding Legitimacy of Reconciliation Provisions Preclude Summary Judgment on Whether Agreement is a Merchant Cash Advance

On February 19, 2026, Justice Boddie of the Kings County Commercial Division issued a decision in Pinnacle Bus. Funding LLC v. American Iron & Crane, Inc., 2026 NY Slip Op. 30679(U), holding that questions of fact regarding the legitimacy of an agreement’s reconciliation provisions precluded summary judgment on whether the agreement was a merchant cash advance agreement . . . Continue reading Questions of Fact Regarding Legitimacy of Reconciliation Provisions Preclude Summary Judgment on Whether Agreement is a Merchant Cash Advance

That Parties Have Agreed to Treat Documents as Confidential is, Without More, Insufficient Basis to Seal Records

That Parties Have Agreed to Treat Documents as Confidential is, Without More, Insufficient Basis to Seal Records

On February 24, 2026, Justice Masley of the New York County Commercial Division issued a decision in Jabil Inc. v. Mavenir Sys., Inc., 2026 NY Slip Op. 30686(U), holding that the fact that the parties had agreed to treat documents as confidential was, without more, an insufficient basis to seal court records . . . Continue reading That Parties Have Agreed to Treat Documents as Confidential is, Without More, Insufficient Basis to Seal Records

Detailed Explanation of Why Service Not Effected Sufficient Excuse for Failure Timely to Appear

Detailed Explanation of Why Service Not Effected Sufficient Excuse for Failure Timely to Appear

On March 4, 2026, Justice Reed of the New York County Commercial Division issued a decision in G-Unit Books, Inc. v. Tompkins, 2026 NY Slip Op. 50268(U), holding that a detailed explanation of why service was not effected is a sufficient excuse for failing timely to appear . . . Continue reading Detailed Explanation of Why Service Not Effected Sufficient Excuse for Failure Timely to Appear