Commercial Case Notes analyzes legal topics of interest in recent decisions from or relating to New York’s Commercial Division
On January 10, 2024, Justice Masley of the New York County Commercial Division issued a decision in Success Academy Charter Schs., Inc. v. Liberty Sq. Realty Corp., 2024 NY Slip Op. 30129(U), holding that a fraudulent inducement claim fails for lack of reasonable reliance . . . Continue reading Fraudulent Inducement Claim Fails for Lack of Reasonable Reliance
On January 10, 2024, Justice Crane of the New York County Commercial Division issued a decision in YS GM Marfin II LLC v. Four Wood Capital Advisors, LLC, 2024 NY Slip Op. 30166(U), holding that a negligent misrepresentation claim was adequately alleged against an investment manager even though the manager was not a fiduciary . . . Continue reading Negligent Misrepresentation Claim Adequately Alleged Against Investment Manager Despite Lack of Fiduciary Duty
On January 12, 2024, Justice Chan of the New York County Commercial Division issued a decision in LVH Global, Inc. v. Benesh, 2024 NY Slip Op. 30169(U), holding that GOL §§ 5-1401 and 5-1402 do not bar enforcement of a forum selection clause . . . Continue reading GOL §§ 5-1401 and 5-1402 Do Not Bar Enforcement of Forum Selection Clause
On January 12, 2024, Justice Chan of the New York County Commercial Division issued a decision in Power A.C. Corp. v. Batirest 229 LLC, 2024 NY Slip Op. 30188(U), holding that contribution is unavailable on a contract claim . . . Continue reading Contribution Unavailable on Contract Claim
On January 16, 2024, Justice Cohen of the New York County Commercial division issued a decision in Shafer v. Dweck, 2024 NY Slip Op. 30201(U), holding that a lack of standing can be cured by assigning claims from a business to the business owner . . . Continue reading Lack of Standing Can Be Cured by Assignment of Claim from Business to Business Owner
On December 20, 2023, Justice Platkin of the Albany County Commercial Division issued a decision in Gujral v. Anesthesia Group of Albany, P.C., 2023 NY Slip Op. 51452(U), holding that a tortious interference with prospective advantage claim failed for failure adequately to allege malicious or wrongful conduct . . . Continue reading Tortious Interference with Prospective Advantage Claim Fails for Failure Adequately to Allege Malicious or Wrongful Conduct
On January 17, 2024, the Second Department issued a decision in Sutton v. Syla, 2024 NY Slip Op. 00204, holding that a court may not grant renewal if there is no justification for failing earlier to present the evidence upon which the motion for renewal was based . . . Continue reading Court May Not Grant Renewal if There is No Justification for Failing to Present Evidence
On January 16, 2024, the First Department issued a decision in IHG Harlem I LLC v. 406 Manhattan LLC, 2024 NY Slip Op. 00164, holding that a sole remedy provision did not bar an award of statutory interest . . . Continue reading Sole Remedy Provision Did Not Bar Award of Statutory Interest
On January 18, 2024, the First Department issued a decision in CMB Export Infrastructure Inv. Group 48, LP v. Motcomb Estates, Ltd., 2024 NY Slip Op. 00223, holding that an injunction was not justified to prevent only money damages . . . Continue reading Injunction Not Justified to Prevent Only Harm Compensable With Money Damages
On January 2, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Joseph v. Rassi, 2024 NY Slip Op. 30101(U), ordering the plaintiff and defendant to share the cost of ESI production . . . Continue reading Court Orders Plaintiff and Defendant to Share ESI Production Costs
