FRYDMAN LLC BLOG
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FRYDMAN LLC BLOG
DAVID S. FRYDMAN NAMED TO AMERICA’S 2020 TOP 100 BET-THE-COMPANY LITIGATORS
Frydman LLC is pleased to announce that David Frydman has been selected to the 2020 America’s Top 100 Bet-The-Company Litigators list, an honor reserved for nation’s most exceptional trial lawyers for high stakes business litigation matters. Less...
DAVID S. FRYDMAN NAMED TO THE 2020 NEW YORK SUPER LAWYERS LIST
Frydman LLC is pleased to announce that David Frydman has been selected to the 2020 New York Super Lawyers list, an honor reserved for no more than 5% of New York lawyers. David’s selection recognizes his tremendous work and success representing...
THE TEST FOR A DIRECT OR DERIVATIVE CLAIM ESTABLISHED IN FRYDMAN LLC DECISION FIVE YEARS LATER
This is the five year anniversary of the decision obtained by Frydman LLC in Yudell v. Gilbert, 99 A.D.3d 108, 949 N.Y.S.2d 380 (1st Dep’t 2012), where we successfully defended a joint venture partner and property manager of a shopping center on...
DO YOU KNOW THE DIFFERENCE BETWEEN A FINDER AND A BROKER? YOUR RIGHT TO BE PAID COULD DEPEND ON IT
You may have had a friend try to introduce you to a company looking for investors for a private offering or a PIPE transaction (private investment in public equity). Maybe you were even the person doing the introducing. If so, the issuer might...
BROKERS ARE AFFORDED GREAT PROTECTION BY NEW YORK COURTS
This post has musings from recent briefing we did representing a broker seeking a commission for a real estate transaction. In New York, the default rule for real estate brokers is that they earn their commission when they produce a buyer who is...
DOES AN EMPLOYER’S $180 MILLION THEFT INVALIDATE AN EMPLOYEE’S NON-COMPETE?
What happens to an employee’s non-compete covenant if the employer and its top executives are convicted of assorted felonies – like stealing $180 million? We have previously written that New York Courts will not enforce a non-compete covenant...
FRYDMAN LLC OBTAINS DISMISSAL OF ALL CLAIMS IN CONSTRUCTION DEFECTS ACTION
Frydman LLC recently won a motion for summary judgment dismissing a complaint that raised significant allegations and sought relief that could have cost our clients millions of dollars. One Frydman LLC’s areas of practice concentration is real...
HOW AN ORAL AGREEMENT COST TWIN BROTHERS TWO JIMI HENDRIX GUITARS
In the middle of the 48th anniversary of the Woodstock music festival, we pause to remember legendary guitarist Jimi Hendrix – and a recent lawsuit involving a dispute over ownership of two of Jimi’s guitars. The outcome of the suit is a reminder...
HACKING EMAIL ACCOUNTS IS A BAD LITIGATION STRATEGY
It might seem obvious that hacking into your adversary’s email account and stealing email is a dangerous litigation tactic, but that has not stopped New York litigants from trying. Unsurprisingly, New York Courts do not condone email theft and the...
USURY AND WHEN IS A LOAN A LOAN
New York, like many states, provides a usury defense against enforcement of certain loans, which stated simply means that if the interest rate is too high, the borrower can avoid repayment. Usury applies to non-contingent loans (e.g. the lender...
NY STATUTE OF FRAUDS BARS ENFORCEMENT OF AN ORAL AGREEMENT TO PAY A FINDER OF A BUSINESS OPPORTUNITY
It is not uncommon for a person to act as a finder and receive compensation for presenting a business opportunity to a businessperson. The two might agree the finder will receive a cash fee or perhaps a percentage of revenue derived from the...
USING YOUR WORK EMAIL COULD WAIVE THE ATTORNEY-CLIENT PRIVILEGE
This post provides a cautionary tale about using work email for confidential communications with your attorney. It might seem obvious that discussing confidential legal strategy with your attorney in a crowded elevator could waive the...
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