News

Fishkin Lucks Wins Motion to Dismiss in Massachusetts

The Superior Court of Massachusetts (Norfolk County) granted the Firm’s motion to dismiss plaintiff’s claims against our client, a leading manufacturer of specialty chemical products for the concrete and masonry construction industry.  Plaintiff’s claims concerned the construction of an three-rink ice-skating training facility and performance center for The Skating Club of Boston.  The skating rinks were designed to be constructed on large concrete slabs, which were prepared using an admixture manufactured by the Firm’s client.  After the slabs were poured, irregularities appeared on the surface of one of the slabs, which the general contractor attributed, in part, to defects in the admixture.  The general contractor brought suit seeking damages of more than $700,000, asserting claims for negligence and violation of Massachusetts General Law Chapter 93A.  

The Firm moved to dismiss the contractor’s claims, primarily arguing that they are barred by the economic loss doctrine, which prohibits recovery in tort absent personal injury or injury to property other than to the allegedly defective product.  We argued that because our client’s product had been incorporated as a component part of a finished product (the slabs and the skating rink), the economic loss doctrine barred the claims.  Opposing our motion, plaintiff claimed that the concrete slabs were “other property” to which the economic loss doctrine did not apply. The court adopted our arguments and dismissed with prejudice both claims against our client.

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Fishkin Lucks Wins in New Jersey Chancery Court

The Firm prevailed on a motion for reconsideration on behalf of its client, a life insurance company, in the Superior Court of New Jersey, Chancery Division (Hudson County), resulting in its client obtaining a full dismissal of claims asserted against it by two plaintiffs.  Those two plaintiffs had brought claims for negligence, breach of fiduciary duty, and breach of contract in connection with the client’s handling of several life insurance policies.  After the Chancery Court denied the Firm’s motion to dismiss, the Firm argued that the court should reconsider its ruling.  First, the Firm argued that plaintiffs’ tort claims failed because they merely alleged that the Firm’s client improperly performed its contractual obligations under the policies.  The fiduciary duty claim, the Firm argued, was doubly deficient because plaintiffs had not alleged—nor did there exist—the requisite “special relationship” between the plaintiffs and the insurance company.  Finally, the Firm argued that plaintiffs’ contract claim was barred by the applicable statute of limitations, which could not be tolled on account of the discovery rule.  As the Firm pointed out, plaintiffs were suing on behalf of a party to the at-issue contracts (i.e., the policies), and under New Jersey law, contracting parties are not afforded the benefit of the discovery rule on breach of contract claims because they are presumed to know when a breach occurs.  On reconsideration, the Chancery Court adopted the Firm’s arguments in their entirety, granted the Firm’s reconsideration motion, and dismissed the  plaintiffs’ claims.

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Fishkin Lucks Prevails Before New York Appellate Division

Fishkin Lucks prevailed on appeal before the New York Appellate Division, First Department, on behalf of its client, a life insurance company.  The appellate victory affirmed a trial court order denying a motion to dismiss the Firm’s clients claims against two New York attorneys for violation of section 487 of New York’s Judiciary Law (concerning deceit in the practice of law), based on allegations that the defendant attorneys had paid a bribe to secure false testimony from a critical fact witness in a previous litigation.  The defendant attorneys argued to the trial court that a release within the agreement settling the underlying action barred the claim.  The Firm successfully opposed that argument, persuading the trial court that the release did not expressly cover unknown and future claims and that only covered claims relating to the substance of underlying action, and not the way that action was litigated.  Following oral argument, the Appellate Division affirmed the trial court’s decision in full.

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Fishkin Lucks Prevails in Quiet Title Actions

The Firm obtained a complete dismissal on behalf of its client, a multinational energy corporation, in two quiet title actions brought in the Superior Court of New Jersey, Hudson County.  The plaintiffs in those actions argued that the Firm’s client potentially had an interest in certain properties and pipelines in which plaintiffs were seeking to quiet title.  Plaintiffs sought a judgment not only declaring their right to quiet and peaceful possession of the properties and pipelines, without encumbrance, but that their claims did not preclude them from later bringing unspecified environmental claims relating to the properties and pipelines.  In granting the Firm’s motions to dismiss the actions, the Court adopted in full the Firm’s arguments.  First, it held that the quiet title actions were moot even where the Firm’s client had previously equivocated on whether it had an interest in the subject properties and pipelines because the client ultimately disclaimed any such interest.  Second, the Court rejected plaintiffs’ attempt to obtain a judgment recognizing the viability of hypothetical future environmental claims because they amounted to impermissible requests for advisory opinions.    

 

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Fishkin Lucks Wins Investor Suit in New York County Commercial Division

Fishkin Lucks obtained summary judgment on behalf of its client, an investor, in a lawsuit to recover its significant investment with a real estate crowdfunding firm in connection with the development of The Standard Hotel in Chicago.  The Firm’s client had agreed to make its investment on the condition that, under certain circumstances, the crowdfunding firm would redeem that investment with an 18 percent pre-tax annual compounded return.  Although the Firm’s client made a proper redemption request, the crowdfunding firm refused to honor that request, purportedly on the basis of language in the documents governing the investment permitting it to “suspended dealings.”  The Firm moved for summary judgment, arguing that by the plain terms of the investment documents a suspension of dealings required that all—not just some—dealings be suspended, and it was undisputed that the crowdfunding firm was still engaging in some dealings when it declined the redemption request.  The Court agreed with the Firm’s argument and determined that it was entitled to recoup its full investment plus the promised interest. The Court likewise rejected the crowdfunding firm’s competing motion for summary judgment, through which it argued that it could selectively suspend dealings.

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Fishkin Lucks Obtains $62M Judgment in New York County Commercial Division

The Firm obtained today a $64.2 million judgment on behalf of its client, an international real estate developer, in the New York County Supreme Court. Our client brought suit in November 2019 against a Swiss-based financier arising out of its breach of a cooperation agreement concerning the financing and development of a large real estate project in Warsaw, Poland. While our client complied with its obligations under the cooperation agreement, the Swiss-based lender prevented out client from exercising its right to reacquire collateral shares in companies involved in the Poland development, in violation of the cooperation agreement. After attempts to resolve the breaches were unsuccessful, we brought suit for conversion and breach of contract. The Court awarded the client its full damages, statutory interest, and costs of suit.

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