Motions for Temporary Restraining Order and Preliminary Injunction Denied in Ongoing Shareholder Derivative Action
Successfully opposed a motion for a temporary restraining order and preliminary injunction on behalf of the manager and managing agent of five limited liabilities companies that control multi-unit residential properties in New York City. Herrick continues to defend the client in ongoing shareholder derivative litigation in New York state court, alleging commercial torts and seeking, among other things, a dissolution of the LLCs and the appointment of a temporary receiver.