Court declined to dismiss contract and good faith/fair duty claims where plaintiffs plausibly alleged that defendants breached their promise to convert plaintiffs' equity holdings to an identical equity percentage in the new entity.

Petitioner Failed to Prove Frivolous Conduct, Petition for Attorney's Fees Denied

Plaintiffs were former equity holders in an Australian rare-earth mining company, whose primary asset was interest in a mining project in West Texas. Defendants transferred the company's assets to a new Delaware entity. Plaintiffs' fourteen causes of action alleged that defendants promised that plaintiffs would each receive an equivalent amount of equity in the Delaware entity as each had previously held in the mining company, however, they alleged that the transactions had diminished their ownership interests. Defendants' motions to

Appeals & Motions List released on:December 15, 2022

Appeals & Motions List released on:June 21, 2022

Byung Choon Joe v. New York

Appellate Division, First Department:November 10, 2020

Panamanian Corporations Fail to Prove Securities Fraud Against Sovereign Wealth Fund

Appellate DivisionFirst Department

M-3790. PEOPLE, res, v. NELSON FERRER, def-ap — Defendant having moved for leave to prosecute, as a poor person, the appeal from a judgment of the Supreme Court, Bronx County, rendered on or a