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New Falls Corp. v. Soni Holdings LLC

Note Holder Is Granted Contempt Sanctions Over Newark Property's Transfer, Tax Lien

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MEMORANDUM & ORDER Plaintiff seeks to hold several of the Defendants (collectively, the “Soni Defendants”) in contempt for failing to abide by the Court’s previous orders: (i) enjoining them from encumbering, or permitting liens upon, their real estate in Newark; and (ii) requiring them to pay all taxes that come due on that property to avoid such liens.¹ See ECF No. 155. Since the Soni Defendants have allowed unpaid taxes to accrue on the property, the Court holds them in contempt and, as a remedy, directs Plaintiff to submit proof of its attorneys’ fees incurred to prepare this motion. PROCEDURAL HISTORY These parties have an intricate litigation history, which the Court explained in its recent order denying the Soni Defendants’ motion to enjoin litigation pending in Nassau County Supreme Court. See ECF No. 170. The Court will therefore summarize only the facts necessary to decide this motion. Soni Holdings, LLC (“Soni Holdings”) defaulted on a promissory note in 2014, and Plaintiff allegedly acquired that note from the original lender in September 2015. ECF No. 26

21-24. The promissory note was guaranteed by Om Soni, who likewise has not paid Plaintiff. Id.

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