Posts Categorized: Jurisdiction

Posted: May 23, 2017

Court Upholds Jurisdiction Based on Conspiracy

On May 16, 2017, the First Department issued a decision in FIA Leveraged Fund Ltd. v. Grant Thornton LLP, 2017 NY Slip Op. 03887, upholding a decision finding that personal jurisdiction based on conspiracy had been adequately alleged, explaining: The remaining possibility for obtaining jurisdiction over defendants-appellants is conspiracy jurisdiction (see e.g. Lawati v Montague... Read more »

Posted: May 6, 2017

No Veil Piercing Jurisdiction Unless Defendant Used Corporate Form to Harm or Defraud

On April 25, 2017, Justice Singh of the New York County Commercial Division issued a decision in Gliklad v. Deripaska, 2017 NY Slip Op. 50549(U), holding that there could be no personal jurisdiction based on veil piercing unless the corporate form had been used to harm or defraud the plaintiff, explaining: There is an insufficient... Read more »

Posted: January 12, 2017

Court Had Jurisdiction to Hear Motion for Time to Serve Despite Failure to Serve Within 120 Days

On January 10, 2017, the First Department issued a decision in Zegelstein v. Faust, 2017 NY Slip Op. 00132, holding that a trial court had jurisdiction to hear a motion for more time to serve and to amend, explaining: The court erroneously concluded that it lacked jurisdiction to entertain plaintiffs’ cross motion for leave to... Read more »

Posted: December 22, 2016

Situs of Injury for Economic Damage is Where Original Critical Events Took Place

On December 7, 2016, Justice Bransten of the New York County Commercial Division issued a decision in Ace Decade Holdings Ltd. v. UBS AG, 2016 NY Slip Op. 32415(U), holding that in evaluating the existence of personal jurisdiction under CPLR § 302(a)(3), the location of the original critical events upon which a claim for economic... Read more »

Posted: November 24, 2016

Personal Jurisdiction Found Based on Use of New York Correspondent Banks to Launder Funds

On November 22, 2016, the Court of Appeals issued a decision in Rushaid v. Pictet & Cie, 2016 NY Slip Op. 07834, holding “that defendants’ intentional and repeated use of New York correspondent bank accounts to launder their customers’ illegally obtained funds constitutes purposeful transaction of business substantially related to plaintiffs’ claims, thus conferring personal... Read more »

Posted: April 20, 2016

Forum Selection Clause Can Bind Nonsignatory Closely Related to Signatory and Dispute

On March 25, 2016, Justice Kornreich of the New York County Commercial Division issued a decision in SRT Capital Ltd. v. Soleil Capital Ltd., 2016 NY Slip Op. 30593(U), refusing to dismiss claims against individual defendants who had not signed the agreement containing the forum selection clause giving the court jurisdiction over the parties, explaining:... Read more »