News & Views

In B & M Management Co, Inc. v. 107 DeVries Avenue Corp, 60302/2015, plaintiff held a mortgage in the amount of approximately $ 7 million with interest accumulating at 7% against defendant 107 whose only asset was a parcel of vacant land in Westchester County, New York.

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Lev Nussberg, an artist and art collector, initiated a simple breach of contract action against gallery owner Gary Tatintsian in 2009. Mr. Nussberg claimed that he consigned 98 drawings by Russian Suprematist artists, Kazimir Malevich, Nicholas Suetin and Ilya Chashnik to Gary Tatintsian, a gallery owner.

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Franzino and Scher has represented many foreign entities in litigation in New York Supreme Court. One of the recurring issues confronting foreign entities is the question of whether an entity incorporated and domiciled in another country is doing business in New York making it amenable to a lawsuit in New York.

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