On October 15, 2018, Justice Schecter of the New York County Commercial Division issued a decision in Herman v. Herman, 2018 NY Slip Op. 32652(U), appointing a receiver over a judgment debtor’s property, explaining: CPLR 5228(a) provides that upon motion of a judgment creditor the court may appoint a receiver who may be authorized to... Read more »
Posts Categorized: Receivers
On May 24, 2018, Justice Kornreich of the New York County Commercial Division issued a decision in Kadosh v. Kadosh, 2018 NY Slip Op. 31005(U), describing the standard under which a court-appointed receiver could be held liable for actions taken in the course of their duties. In the underlying action, two brothers were disputing the... Read more »
On October 23, 2013, Justice Schweitzer of the New York County Commercial Division issued a decision in Greenzweig v. Kenmare Mott Realty Assoc. Inc., 2013 NY Slip Op. 32735(U), illustrating the potential procedural complexities of lawsuits involving competing claims of ownership of a closely-held business.