news & events / 01.14.22 /
Attorney Jacob Amir obtained summary judgment dismissal on behalf of his client, the remaining member of a limited liability company, who was accused of breaching a workout and settlement agreement
The other outgoing member alleged that Jacob’s client agreed to an itemization of income and expenses and make installment payments to the outgoing member in exchange for a transfer of interests. The company was formed as a joint venture to act as general contractor on certain large-scale projects. Jacob used the General Obligations Law to show that the document was not a statement of personal liability, avoiding a claim initially in excess of $800,000, later amended to $400,000 during discovery, and ultimately dismissed.