Confession of Judgment Unenforceable Because of Failure Properly to Identify Signor’s Residence

Confession of Judgment Unenforceable Because of Failure Properly to Identify Signor’s Residence

On January 16, 2024, Justice Ruchelsman of the Kings County Commercial Division issued a decision in Porges v. Kleinman, 2024 NY Slip Op. 30248(U), holding that a confession of judgment was unenforceable because of a failure to identify the signor’s residence . . . Continue reading Confession of Judgment Unenforceable Because of Failure Properly to Identify Signor’s Residence

Claim Not Time-Barred Because Fiduciary’s Continuing Failure to Act Was Continuing Breach

Claim Not Time-Barred Because Fiduciary’s Continuing Failure to Act Was Continuing Breach

On February 2, 2024, Justice Borrok of the New York County Commercial Division issued a decision in Soloway v. The CIM Group, 2024 NY Slip Op. 30377(U), holding that a claim was not time-barred because the fiduciary’s continuing failure to act was a continuing breach . . . Continue reading Claim Not Time-Barred Because Fiduciary’s Continuing Failure to Act Was Continuing Breach

Six-Year Statute of Limitations Applies to Breach of Fiduciary Duty Claim Based on Fraud

Six-Year Statute of Limitations Applies to Breach of Fiduciary Duty Claim Based on Fraud

On February 1, 2024, the First Department issued a decision in Board of Mgrs. of the 443 Greenwich St. Condominium v. SGN 443 Greenwich St. Owner LLC, 2024 NY Slip Op. 00450, holding that the six-year statute of limitations applies to a breach of fiduciary claim based on fraud . . . Continue reading Six-Year Statute of Limitations Applies to Breach of Fiduciary Duty Claim Based on Fraud