Commercial Division Blog

Posted: May 30, 2015 / Categories Commercial, Injunctions Attachments and Other Preliminary Remedies

Injunction Must Be Bonded

On May 26, 2015, the First Department issued a decision in Soldiers', Sailors', Marines' and Airmen's Club, Inc. v. Carlton Regency Corp., 2015 NY Slip Op. 04418, affirmed the trial court's refusal to vacate an injunction but remanded the case so the trial court could determine the amount of the undertaking to be posted, explaining that "[i]t was an abuse of discretion to grant the injunction without requiring any undertaking, even a nominal one."