November 21, 2014

Fishkin Lucks Awarded Summary Judgment in Fraud Action

Fishkin Lucks prevailed today in the Supreme Court of New York (Kings County) (Demarest, J.). Following a hearing, the Court granted the Firm’s motion for summary judgment, dismissing all claims alleging that the Firm’s banking client engaged in fraud in connection with its financing of a failed luxury condominium in Brooklyn, New York. The Court agreed that all of plaintiffs’ claims in the action either were or could have been brought in a prior foreclosure action between the parties, and were thus barred by the doctrine of res judicata.