Although it was uncontested that an attorney for the lead plaintiff in a Commercial Division case had represented the defendant in a prior matter, the First Department said the two matters were not substantially related.
NY Commercial Litigation Insider
Macy's three-year-long lawsuit aimed at extracting damages from its leading competitor, J.C. Penney, for tortious interference with Macy's contract with Martha Stewart Living Omnimedia garnered a victory Thursday from a unanimous panel of the First Department.
A Brooklyn Commercial Division judge, ruling in a case of first impression, dismissed a foreclosure action because the tenants of a mixed-use building that was not owner-occupied were given no notice.
Although Justice Shirley Werner Kornreich warned that she found some of the state's claims "unconvincing," the securities fraud case against Barclays Capital alleging it misrepresented the benefits of its "dark pool" trading platform will go forward.