Monthly Archives: December 2017

Nandlal v. Al-Pros Constr., Inc., Index No. 16256/12, 4/7/17 (Dufficy, J.)

Breach of Contract; Unjust Enrichment; Alter-Ego Liability By: Gregory Brown, Jr. | Executive Publications Editor Plaintiffs entered into a contract with Defendant, a construction company, for the renovation of Plaintiff’s home.

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Ambac Assur. Corp. v. Countrywide Home Loans, Inc., Index No 653979/14, 12/19/2016 (Friedman, J.)

Fraud; Fraud Inducement; Justifiable Reliance; Damages By: Taylor E. Anderson | Staff Writer Plaintiff insured eight residential mortgage-backed securities (“RMBS”) transactions (“the Transactions”). Defendant and its subsidiaries supplied all or most of the loans for the transactions and was the … Continue reading

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Pokoik v. Norsel Realties, Index No. 653382/2014, 4/12/2017 (Oing, J.)

Motion to Dismiss; Standing; Shareholder Derivative Action; CPLR 3211 By: James Clarke | Senior Staff Writer Plaintiffs own 10% of Norsel Realties (“Norsel”), a New York partnership owning land in Manhattan.

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Royal Park Investments SA/NV v. Morgan Stanley, Index No. 653695/2013, 4/11/2017 (Ramos, J.)

Holding Company; Residential Mortgage-Backed Securities; Fraud; Transfer of Rights; Contracts; Security Transfers. By: Aaron Jacob | Senior Staff Writer Plaintiff, Royal Park Investments (hereinafter “RPI”) is a limited liability company incorporated under the laws of Belgium and wholly owned by … Continue reading

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