Publication Date: 2023-03-13
Practice Area: Contractual Disputes | Creditors' and Debtors' Rights
Industry: Financial Services and Banking
Court: Appellate Division, First Department
Judge: Justice Presiding Dianne T. Renwick
Attorneys: For plaintiff: For Marblegate Asset Management, LLC, Marblegate Special Opportunities Master Fund L.P., P. Marblegate Ltd., Marblegate Strategic Opportunities Master Fund I, L.P., Marblegate Partners Master Fund I, L.P., Field Point Agency Services, Inc. and New Teraco, Inc., Appellants-Respondents/Respondent: Sean E. O'Donnell, Janice I. Goldberg, Christopher Carty, Kyle J. Kolb and Silvia Stockman of counsel, Herrick Feinstein LLP, New York.
for defendant: For AWM Holdings, Inc., Archway Marketing Holdings, Inc., Archway Marketing Services, Inc. and Corporate Services, Inc., Appellants-Respondents: Jaclyn H. Grodin and Isabel Sukholitsky of counsel, Goulston & Storrs PC, New York.
For Respondents-Appellants: Alisha Louise McCarthy and Yonaton Aronoff of counsel, Harris St. Laurnent & Wechsler LLP, New York and Tracy N. LeRoy of the bar of the State of Texas, admitted pro hac vice of counsel, Yetter Coleman LLP, Houston, Texas.
For John Brecker, Respondent: Russell Gallaro and David Ball of counsel, Bracewell LLP, New York.
Case Number: 650413/19
Minority Lenders Had Right to Oppose Restructure Sale Not Meeting Pro Rata Requirement