Muhammad U Faridi

June 18, 2021 | New York Law Journal

The 'Yellowstone' injunction tolls a tenant's time to cure an alleged default while the tenant pursues a legal determination as to whether cure is in fact required under the terms of the lease. This article provides an overview of the key legal considerations in obtaining or defending against a 'Yellowstone' injunction.

By Muhammad U. Faridi, Jacqueline L. Bonneau, Wolete Moko and Nadav D. Ben-Zur

9 minute read

August 19, 2020 | New York Law Journal

A discussion of the uptick in case filings and comparison to the number of cases filed over similar recent time periods. The authors analyze the types of cases filed during this time and discuss why this uptick may have occurred, as well as what we can expect to see in the coming months.

By Stephen P. Younger, Muhammad U. Faridi, Alvin Li and Eric Barnosky

8 minute read

June 25, 2018 | New York Law Journal

In E.J. Brooks Co. v. Cambridge Security Seals, No. 26, 2018 BL 157167 (N.Y. May 3, 2018), a divided New York Court of Appeals announced—over a lively dissent—that compensatory damages for misappropriation of trade secrets and unfair competition are limited to the plaintiff's own losses, and may not include the development costs avoided by defendants.

By Muhammad U. Faridi and A. Robert Quirk

10 minute read

December 18, 2017 | New York Law Journal

Jordan M. Engelhardt and Muhammad U. Faridi write: The CPLR does not define the phrase “documentary evidence.” Commentators on the CPLR have attempted to fill the void by offering their own take on the issue. And the First and Second Departments have split on whether certain types of paper qualify as “documentary evidence.”

By Jordan M. Engelhardt and Muhammad U. Faridi

13 minute read

March 29, 2017 | New York Law Journal

Benjamin F. Jackson and Muhammad U. Faridi analyze 'Lantau Holdings v. Orient Equal International Grp.,' in which a Commercial Division judge weighed allegations that one of China's largest securities businesses never told a New York lender that shares of equity pledged as collateral by several defendant-borrowers were subject to a lock-up period. Despite the Chinese business' New York-based subsidiary, the court said it lacked personal jurisdiction, and that even if it had jurisdiction, the misrepresentation claims could not stand.

By Benjamin F. Jackson and Muhammad U. Faridi

19 minute read

February 06, 2017 | New York Law Journal

Stephen P. Younger, Muhammad U. Faridi and Gabriela Bersuder discuss a recent First Department decision with potentially broad implications for participants in the credit default swap market.

By Stephen P. Younger, Muhammad U. Faridi and Gabriela Bersuder

26 minute read