X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DECISION AND ORDER  Defendants move to dismiss: (i) the first, second, fifth, sixth, and seventh causes of action for failure to state claims (CPLR 3211 [a] [7]); and (ii) the third and fourth causes of action for lack of subject matter jurisdiction of this court (CPLR 3211 [a] [2]) to adjudicate derivative claims. Plaintiff opposes the motion and cross-moves for summary judgment on its complaint and dismissing defendants’ counterclaim (CPLR 3212).BACKGROUNDPlaintiff Amanda Levine and defendant Tom Sarig created a limited liability company called Esther Branded Entertainment Group (“EBEG”) by Operating Agreement dated January 1, 2013, which designates Sarig as Managing Member and which vests each of them with a fifty percent interest in the company. The amended complaint dated June 20, 2017 (the “Complaint”), as supplemented by affidavits from Levine and her father, Norman Levine, alleges that Levine procured a loan check from her father “for the benefit of plaintiff EBEG,” and payable to EBEG, in an amount of $10,000.00. It is further alleged that Sarig — the president of defendant Esther Creative Group, LLC (“ECG”), of which Levine is not a member — misappropriated that check by depositing it, not into EBEG’s bank account; but rather, into ECG’s bank account. The complaint alleges that such misappropriation caused Levine damage quantified by the amount of that $10,000.00 check (the first cause of action). The same allegation forms the basis for the second cause of action for conversion.The third cause of action alleges that Sarig wrongfully liquidated EBEG’s bank account, containing $9,632.63, without transferring half that sum — $4,816.31 — to Levine, characterizing that as a misappropriation, as well. The same allegation forms the basis for the fourth cause of action for conversion.The fifth cause of action references a service agreement entered into among Levine individually and EBEG, titled “Member Exclusive Services Agreement,” dated April 11, 2013 (see, Complaint

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
November 27, 2024
London

Celebrating achievement, excellence, and innovation in the legal profession in the UK.


Learn More
December 02, 2024 - December 03, 2024
Scottsdale, AZ

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!


Learn More
December 11, 2024
Las Vegas, NV

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.


Learn More

INTELLECTUAL PROPERTY PROSECUTION PARALEGAL - NEW JERSEY OR NEW YORK OFFICESProminent mid-Atlantic law firm with multiple regional office lo...


Apply Now ›

Experienced Insurance Defense Attorney.No in office requirement.Send resume to:


Apply Now ›

The Republic of Palau Judiciary is seeking applicants for one Associate Justice position who will be assigned to the Appellate Division of ...


Apply Now ›