Matters

Aircraft Retrofitter – Litigation in Connection with Aircraft Sale

Defense of an aircraft retrofitter in litigation filed in New York federal court alleging that the company conspired with a multinational aerospace and transportation company, named as a co-defendant, to sell a nearly $22 million jet to the plaintiff by falsely claiming the aircraft could be modified to fly internationally. Claims include fraud, negligent misrepresentation, and fraudulent inducement.

Ukrainian Technology Services Company – Breached Master Service Agreement

Herrick secured an extremely favorable settlement on behalf of a Ukraine-based technology service provider, resolving its claims against a US-based multinational financial services company in connection with more than $6 million in software development services rendered by our client. Significantly, this settlement was accomplished without engaging in potentially extensive and costly litigation.

Aviation Services Company – Breach of Contract and Unjust Enrichment Claims

Negotiated a favorable settlement on behalf of an aviation services company to resolve breach of contract and unjust enrichment claims filed in New York federal court in connection with a business venture to purchase and modify a large commercial aircraft for a planned sale to a third-party for use as an executive business jet.

Residential Brokerage – Raiding Dispute Favorably Resolved

Represented a major residential brokerage firm in a high-profile raiding dispute involving the improper recruitment of a former manager of one of our client’s key regional offices by a venture capital-backed competitor. This litigation was resolved favorably under a settlement agreement which imposed restrictions on any future recruitment of our client’s executives by the competitor in addition to certain financial terms.

Real Estate Investment Firm – Motion to Dismiss Granted in Breach of Contract Dispute

Successfully defended real estate investment firm in breach of contract lawsuit where the plaintiff/borrower was attempting to claw back a multi-million dollar late payment charge in connection with a promissory note. The New York State Commercial Division granted our client’s motion to dismiss in full.