Commercial Division Blog: Current Developments in the Commercial Divisions of the New York State Courts

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June 10, 2026 Court Grants Summary Judgment In Lieu Of Complaint Where Borrower Failed To Pay Origination Fees Required To Trigger Maturity Date Extensions Written by: Samuel L. Butt, Channing J. Turner, Ian Weiss, Thomas A. Kissane
On April 10, 2026, in I.B.I Volcano Investments LLC v. Apex South Creek IB, LLC, Index No. 655364/2025, Justice Melissa A. Crane of the New York County Commercial Division granted plaintiffs’ motion for summary judgment in lieu of complaint. Read More
May 13, 2026 Court Reforms Advertising Lease to Correct Scrivener’s Error That Gave Tenant Rather Than Landlord the Right To Terminate Written by: Samuel L. Butt, Thomas A. Kissane, Ian Weiss, Channing J. Turner
On April 23, 2026, in Big City Outdoor, LLC v. JTRE 23 WS LLC, Index No. 530713/2023, Justice Reginald A. Boddie of the Kings County Commercial Division denied plaintiff’s motion for summary judgment and granted defendants’ cross-motion in part, reforming the parties’ 2017 advertising agreement to substitute “Lessor” for “Lessee” in the termination provision. Read More
May 1, 2026 Claims For Specific Performance, Tortious Interference, And Breach Of NDA Survive Summary Judgment In Dispute Over $180 Million Brooklyn Campus Sale Written by: Samuel L. Butt, Thomas A. Kissane, Channing J. Turner, Ian Weiss
On March 3, 2026, Justice Melissa A. Crane issued a Decision and Order in 180 Remsen LLC v. St. Francis College, Index No. 653148/2023, denying the summary judgment motion brought by three affiliated defendants (Rockrose). Plaintiff 180 Remsen LLC had entered into a Purchase and Sale Agreement (PSA) with St. Francis College to purchase its Brooklyn Heights campus for $180 million. When 180 Remsen raised a title objection and did not close on the time-of-the-essence closing date, the College terminated the PSA and sold the property to Rockrose. 180 Remsen sued Rockrose for specific performance, tortious interference with the PSA, and breach of a non-disclosure agreement (NDA) Rockrose had signed when solicited by 180 Remsen’s broker as a potential equity investor. Read More
April 27, 2026 Claim Against Financial Advisor Survives Summary Judgment Based On Evidence Its Services Were “So Incompetent” They Were “Worse Than No Services At All” Written by: Ian Weiss, Thomas A. Kissane, Samuel L. Butt, Channing J. Turner
On March 31, 2026, in Guggenheim Securities, LLC v. Falcon’s Beyond Global, LLC, et al., Index No. 651585/2024, Justice Melissa A. Crane granted in part and denied in part dueling motions for summary judgment. The court dismissed the defendant’s counterclaims against its financial advisor for fraud, breach of fiduciary duty, and equitable rescission, but denied both parties’ motions for summary judgment on their breach of contract claims. The Court explained: Read More
April 22, 2026 Court Denies Motion For Summary Judgment In Lieu Of Complaint Because Issue Of Fact Existed As To Standing Written by: Samuel L. Butt, Thomas A. Kissane, Channing J. Turner, Joshua Wurtzel
On March 24, 2026, in 1411 Bushwick Ave. NDB LLC v. Bracha, Index No. 655425/2025, Justice Joel M. Cohen denied plaintiff’s motion for summary judgment in lieu of complaint as defendants raised issues as to standing. The Court explained: Read More
February 27, 2026 Court Grants Summary Judgment Finding That Plaintiff Is Member Of Foundation Written by: Samuel L. Butt, Thomas A. Kissane, Channing J. Turner, Joshua Wurtzel
On January 15, 2026, in Epstein v. Epstein Teicher Philanthropies, Index. No. 654417/2020, Justice Andrea Masley granted plaintiffs’ motion for summary judgment declaring that Vincent McGree is a member of the foundation at issue. The Court explained: Read More
January 30, 2026 Performance Bond Is Null And Void Because Obligee’s Action Deprived Surety Of Ability To Protect Itself Written by: Joshua Wurtzel, Thomas A. Kissane, Channing J. Turner, Samuel L. Butt
On December 27, 2025, Justice Andrea Masley granted the Sureties’ motion for summary judgment dismissing the counterclaim and third-party claim for breach of a performance bond in Pizzarotti, LLC v. FPG Maiden Lane, LLC, Index No. 651679/2019. The Court explained: Read More
January 28, 2026 Forbearance Agreement Did Not Transform Guaranty Into An Instrument Outside The Scope Of CPLR 3213 Written by: Samuel L. Butt, Joshua Wurtzel, Channing J. Turner, Thomas A. Kissane
On December 23, 2025, in Truist Equipment Finance Corp. v. Tebele, Index No. 653557/2025, Justice Joel M. Cohen granted plaintiff’s motion for summary judgment in lieu of complaint. Defendant argued that the Guaranty at issue was not an instrument for payment of money only because plaintiff and defendant entered into a forbearance agreement. The Court rejected this argument, explaining: Read More
January 14, 2026 Summary Judgment Granted Where Defendant Failed To Raise Triable Issues Regarding Its Obligation Under Promissory Notes Written by: Joshua Wurtzel, Channing J. Turner, Samuel L. Butt, Thomas A. Kissane
On November 21, 2025, Justice Andrew Borrok granted a plaintiff lender summary judgment, finding that defendant failed to raise any triable issue concerning its obligations under certain promissory notes. The case is Mendon Ventures Banktech Fund I LP v. Equitus Corporation, Index No. 654629/2024. Read More
December 19, 2025 In Action For Fiduciary Breach, Amounts Paid By Condominium To Non-Party In Settlement Of Action Where Breach Occurred Not Recoverable As Damages Written by: Jeffrey M. Eilender, Joshua Wurtzel, Channing J. Turner, Samuel L. Butt, Thomas A. Kissane
On September 10, 2025, Justice Andrew Borrok denied a motion for summary judgment seeking to recover, as damages for breach of fiduciary duty, monies paid by a condominium and its insurer in settlement of a prior litigation that gave rise to plaintiffs’ fiduciary breach claim. The case is Gilbert v. Winston, Index No. 650374/2023. Read More
November 19, 2025 Summary Judgment Denied Due To Issues Of Fact Concerning Reliance/Statements About Financing Written by: Joshua Wurtzel, Jeffrey M. Eilender, Thomas A. Kissane, Channing J. Turner, Samuel L. Butt
On October 3, 2025, Justice Melissa A. Crane found that questions of fact concerning the parties’ statements, understandings and intent required denial of defendants’ motion for summary judgment on fraud-based claims. The case is Chan v. Havemeyer Holdings LLC, Index No. 652359/2022. Read More
November 7, 2025 Issue Of Fact Existed As To Sufficiency Of Default Notice Based On Parties’ Discussions Written by: Jeffrey M. Eilender, Joshua Wurtzel, Channing J. Turner, Samuel L. Butt, Thomas A. Kissane
On October 10, 2025, Justice Andrea Masley denied plaintiff’s motion for partial summary judgment on its claim for wrongful termination in Pizzarotti, LLC v. FPG Maiden Lane, LLC, Index No. 651697/2019. The action arose from a construction project on Maiden Lane in New York City. Pizzarotti asserted that its termination from the construction project was wrongful because it was not provided with a meaningful opportunity to cure. The Court explained: Read More
November 5, 2025 Defendant’s Claim That Plaintiff Failed To Mitigate Damages Did Not Preclude Summary Judgment In Lieu of Complaint Written by: Jeffrey M. Eilender, Joshua Wurtzel, Channing J. Turner, Thomas A. Kissane, Samuel L. Butt
On October 3, 2025, in Phillips Auctioneers LLC v. Mimran, Index No. 653994/2025, Justice Melissa A. Crane granted plaintiff’s motion for summary judgment in lieu of complaint. Plaintiff and defendant entered into a third-party guarantee pertaining to a Jackson Pollock work pursuant to which defendant was required to purchase the work for $14.5 million if certain conditions of sale were not met.. The conditions of sale were not met and Mimran failed to pay for the work. The Court explained: Read More
October 24, 2025 Court Grants Summary Judgment To Landlord On Breach Of Lease But Denies Consequential Damages Written by: Jeffrey M. Eilender, Joshua Wurtzel, Samuel L. Butt, Channing J. Turner, Thomas A. Kissane
On September 10, 2025, Justice Andrea Masley granted summary judgment to the plaintiff landlord on liability, and awarded attorneys’ fees under a lease, while granting summary judgment to defendant tenants to the extent of striking the landlord’s claim for consequential damages. The case is 1101-43 Ave Acquisition LLC v. Sonder Hospitality USA Inc., Index No. 653840/2020. Read More
October 8, 2025 Court Denies Motions For Summary Judgment In Derivative Action Written by: Jeffrey M. Eilender, Channing J. Turner, Joshua Wurtzel, Thomas A. Kissane, Samuel L. Butt
On September 9, 2025, in 111 West 57th Investment LLC v. 111 W57 Mezz Investor LLC, Index No. 655031/2017, Justice Joel M. Cohen denied defendant’s motion for summary judgment and also denied plaintiff’s motion for partial summary judgment as to liability. The Court explained: Read More
September 24, 2025 Summary Judgment Denied Where Defendant Failed To Support Argument That Plaintiff Was Obliged To Exhaust Administrative Remedies Written by: Jeffrey M. Eilender, Thomas A. Kissane, Samuel L. Butt, Joshua Wurtzel, Channing J. Turner
On July 23, 2025, Justice Joel M. Cohen denied a motion for summary judgment premised on defendant’s argument that plaintiff had failed to exhaust its administrative remedies. The case is 249 E. 62 St., LLC vs. Rafael Vinoly Architects, P.C., Index No. 655469/2020. Read More
July 18, 2025 Production Of Documents Pursuant To LLC Law § 1102 Created Issue Of Fact As To Whether Production Cured Violations Written by: Jeffrey M. Eilender, Thomas A. Kissane, Samuel L. Butt, Joshua Wurtzel, Channing J. Turner
On June 30, 2025, Justice Margaret A. Chan denied both parties’ motions for summary judgment regarding claims that defendants failed to provide records to which plaintiffs were entitled pursuant to Limited Liability Company Law § 1102 and the parties’ operating agreement in Tillis v. ZAR Realty NY LLC, Index No. 651939/2024. The Court explained: Read More
July 14, 2025 Court Declines To Rely On Expert Opinion Where Contract Is Unambiguous Written by: Jeffrey M. Eilender, Thomas A. Kissane, Samuel L. Butt, Joshua Wurtzel, Channing J. Turner
On June 15, 2025, Justice Andrea Masley granted Plaintiff’s motion for partial summary judgment and denied defendant’s motion to amend to file a second amended answer with counterclaim, concluding, as part of the Court’s analysis, that she could not rely on defendant’s expert opinion in A-US GAL 1, L.P.. v. National Air Cargo Group, Inc., Index No. 655890/2023. The Court explained: Read More
July 7, 2025 Summary Judgment Granted Against Enforcement Of Overbroad Non-Compete Agreement Written by: Jeffrey M. Eilender, Thomas A. Kissane, Samuel L. Butt, Joshua Wurtzel, Channing J. Turner
On May 13, 2025, Justice Melissa A. Crane granted summary judgment to Steven Koenig, an accountant sued for alleged breaches of a non-compete agreement by his former employer, Prager Metis CPAs LLC (“Prager”). The case is Prager Metis CPAs LLC v. Koenig, Index No. 652000/2023. Read More
June 20, 2025 Argument About Course Of Performance Defeats Motion For Summary Judgment In Lieu Of Complaint Written by: Jeffrey M. Eilender, Thomas A. Kissane, Samuel L. Butt, Joshua Wurtzel, Channing J. Turner
On May 22, 2025, Justice Joel M. Cohen denied plaintiff’s motion for summary judgment in lieu of complaint in FG International Group Inc. v. FIDIA Capital, LLC et ano., Index No. 650073/2025. Although plaintiff had made a prima facie case, defendants raised disputed issue of fact as to whether they had defaulted. The Court explained: Read More

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