Need for Proof of Failure to Pay No Bar to Motion for Summary Judgment in Lieu of Complaint

Need for Proof of Failure to Pay No Bar to Motion for Summary Judgment in Lieu of Complaint

On March 28, 2025, Justice Patel of the New York County Commercial Division issued a decision in ACM Zoomcar Convert LLC v. Zoomcar Holdings Inc., 2025 NY Slip Op. 31374(U), holding that the need for proof of the failure to pay does not bar a motion for summary judgment in lieu of complaint . . . Continue reading Need for Proof of Failure to Pay No Bar to Motion for Summary Judgment in Lieu of Complaint

Ancillary Clauses Do Not Make a Guaranty Not an Instrument for the Payment of Money Only

Ancillary Clauses Do Not Make a Guaranty Not an Instrument for the Payment of Money Only

On April 28, 2025, Justice Cohen of the New York County Commercial Division issued a decision in PFNGT LLC v. Liquid Capital LLC, 2025 NY Slip Op. 31518(U), holding that ancillary clauses do not make a guaranty not an ‘instrument for the payment of money only . . . Continue reading Ancillary Clauses Do Not Make a Guaranty Not an Instrument for the Payment of Money Only

Motion for Summary Judgment in Lieu of Complaint Denied Because of Non-De Minimis Reference to Other Agreements

Motion for Summary Judgment in Lieu of Complaint Denied Because of Non-De Minimis Reference to Other Agreements

On March 20, 2025, justice Chan of the New York County Commercial Division issued a decision in Montreux Partners II, LP v. Commissions Import-Export S.A., 2025 NY Slip Op. 50441(U), denying a motion for summary judgment in lieu of complaint because of non-de minimis references to other agreements . . . Continue reading Motion for Summary Judgment in Lieu of Complaint Denied Because of Non-De Minimis Reference to Other Agreements

Guaranty Coupled With an Indemnification Agreement Not Suitable for Disposition on Motion for Summary Judgment in Lieu of Complaint

Guaranty Coupled With an Indemnification Agreement Not Suitable for Disposition on Motion for Summary Judgment in Lieu of Complaint

On February 13, 2025, Justice Cohen of the New York County Commercial Division issued a decision in Fundamental Partners III LP v. Voss, 2025 NY Slip Op. 30575(U), holding that a guaranty coupled with an indemnification agreement was not suitable for disposition on a motion for summary judgment in lieu of complaint . . . Continue reading Guaranty Coupled With an Indemnification Agreement Not Suitable for Disposition on Motion for Summary Judgment in Lieu of Complaint

Plaintiff May Not Move for Summary Judgment Before Defendants Answer the Complaint

Plaintiff May Not Move for Summary Judgment Before Defendants Answer the Complaint

On January 15, 2025, Justice Reed of the New York County Commercial Division issued a decision in Mermelstein v. Waspit Group, Inc., 2025 NY Slip Op. 50027(U) [84 Misc 3d 1263(A)], holding that a plaintiff may not move for summary judgment before the defendants answer the complaint . . . Continue reading Plaintiff May Not Move for Summary Judgment Before Defendants Answer the Complaint