New York's Highest Court Finds That Federal Bankruptcy Law Does Not Preempt State Law Tortious Interference Claims in Important Case | Kramer Levin Naftalis & Frankel LLP
To embed, copy and paste the code into your website or blog: On Nov. 24, 2020, the State of New York Court of Appeals ruled in favor of Kramer Levin client Sutton 58 Associates LLC (Sutton), an affiliate of Gamma Real Estate, in its $100 million lawsuit brought against real estate investor Philip Pilevsky, his sons and related entities. The 23-page majority opinion held that federal bankruptcy law did not preempt Sutton’s state law claims for tortious interference with contract. This landmark decision from New York’s highest court reversed a decision of the Appellate Division, First Depa...
Source: jdsupra.com