Early Motion for Summary Judgment Cannot be Defeated as Premature if Non-Movant Cannot Point to Relevant Evidence Discovery May Uncover

Early Motion for Summary Judgment Cannot be Defeated as Premature if Non-Movant Cannot Point to Relevant Evidence Discovery May Uncover

On February 9, 2022, Justice Knipel of the Kings County Commercial Division issued a decision in PS Funding, Inc. v. 863 E. 12th Holdings LLC, 2022 NY Slip Op. 30559(U), holding that an early motion for summary judgment cannot be defeated as being premature unless the non-movant can point to relevant evidence further discovery might reveal . . . Continue reading Early Motion for Summary Judgment Cannot be Defeated as Premature if Non-Movant Cannot Point to Relevant Evidence Discovery May Uncover

Revolving Credit Agreement Not Instrument for the Payment of Money Only for CPLR 3213 Purposes

Revolving Credit Agreement Not Instrument for the Payment of Money Only for CPLR 3213 Purposes

On February 18, 2022, Justice Ostrager of the New York County Commercial Division issued a decision in Fisher v. Lovaro LLC, 2022 NY Slip Op. 30565(U), holding that a revolving credit agreement was not an instrument for the payment of money only for CPLR 3213 purposes . . . Continue reading Revolving Credit Agreement Not Instrument for the Payment of Money Only for CPLR 3213 Purposes

That Guaranty Was Part of a Larger Transaction Does Not Bar Motion for Summary Judgment in Lieu of Complaint

That Guaranty Was Part of a Larger Transaction Does Not Bar Motion for Summary Judgment in Lieu of Complaint

On February 8, 2022, the First Department issued a decision in Arbor-Myrtle Beach PE LLC v. Frydman, 2022 NY Slip Op. 00806, holding that a motion for summary judgment in lieu of complaint on a guaranty was not barred by the existence of a larger transaction . . . Continue reading That Guaranty Was Part of a Larger Transaction Does Not Bar Motion for Summary Judgment in Lieu of Complaint