Daily Archives: Saturday, April 20, 2019

Posted: April 20, 2019

Court Grants Default Judgment; No Good Cause Shown for Failure Timely to Answer

On March 25, 2019, Justice Schecter of the New York County Commercial Division issued a decision in Black Pearl Global Opportunity Fund v. Summit Equtites LLC, 2019 NY Slip Op. 30917(U), granting a default judgment because the defendant showed no good cause for failing timely to answer, explaining: Where, as here, a defendant does not timely... Read more »