The New York Supreme Court for New York County granted Tarter Krinsky & Drogin’s motion to dismiss the complaint against the firm’s clients, the department chairman and administrator. The decision is significant because it upholds the right of management to make statements reflecting on an employee’s performance and that such statements are generally privileged.
In Naldi v. Grunberg, the Appellate Division, First Department, unanimously reversed the trial court’s denial of the motion to dismiss brought by Tarter Krinsky & Drogin on behalf of the firm’s client, the seller of buildings on West 55th Street in Manhattan.
Tarter Krinsky & Drogin’s client GreenHouse Holdings, Inc. (OTCBB: GRHU), recently acquired Life Protection, Inc., a government contractor providing training, support, design and construction of facilities and services to U.S. government, military and law enforcement agencies, for approximately $4 million of GreenHouse stock.
David J. Pfeffer, a Partner in Tarter Krinsky & Drogin’s Construction Practice Group, was recently retained by the National Dance Institute (NDI) in connection with the design and construction agreements for its new headquarters in Harlem. NDI expects to occupy its new space in 2011.
Litigation partner and Corporate Investigations chair Anthony Dougherty is quoted in an NJ.com article, “Judge dismisses sex abuse lawsuit filed by 2 elders against N.J. Catholic orphanage,” which discusses a judge’s ruling to dismiss a sex abuse lawsuit filed by two elderly men against their former orphanage in Kearny, NJ, which closed in the 1950s, on the grounds of the statute of limitations running out on their claim. After the judge gave his decision, Anthony, who was lead attorney for the defense, stated, “in my book, the case is done."
White Collar and Government Investigations, Securities & Financial Services Litigation partner Robert Heim was quoted in The New York Times article, “Ex-Fund Manager Settles Insider Trading Claims.” The article discusses the $600,000 settlement of federal insider trading charges between a former hedge fund manager, Stephen Goldfield and a pharmaceutical executive. The charges included making $13.98 million in illegal profits by trading in MedImmune securities before AstraZeneca agreed to acquire the company for more than $15 billion.
William W. Weisner, a Partner in Tarter Krinsky & Drogin’s Real Estate and Construction Practice Groups, represented a major software development company on the design and construction contracts for a 200,000-square-foot office building that recently achieved Leadership in Energy and Environmental Design (LEED) Platinum certification, the highest rating given by the U.S. Green Building Council.
Solar Park Initiatives, Inc., a Tarter Krinsky & Drogin client, recently went public by a reverse merger with Critical Digital Data, Inc., a publicly-owned company quoted on the Bulletin Board (CDIX.OB).
Tarter Krinsky & Drogin client Ambassador Media Group obtained approval of its plan of reorganization on June 24, 2010 in the United States Bankruptcy Court for the Southern District of New York before the Hon. Stuart M. Bernstein.
A complaint of housing discrimination brought against one of our clients, a real estate managing agent, was dismissed by the New York State Division of Human Rights and the U.S. Department of Housing and Urban Development (HUD).
White Collar and Government Investigations, Securities & Financial Services Litigation partner Robert Heim appeared as a guest legal analyst on CBS Evening News with Katie Couric. In the segment, Robert discussed the SEC’s enforcement action against Goldman Sachs, alleging that the investment bank defrauded investors by failing to disclose conflicts of interest in certain mortgage investments it sold.
Our client, a real estate developer, recently needed new funding to recapitalize a condominium project in Manhattan that was close to completion. After several days of intense negotiations with our client's new and existing lenders, Tarter Krinsky & Drogin was able to successfully modify the senior debt and close on the new subordinate loan in a very short period of time.
Tarter Krinsky & Drogin is representing Headlee Management Corp., its subsidiaries and affiliated entities in a restructuring of their finances so that they can emerge from Chapter 11 as viable companies.
After a long and bitterly contested litigation, Tarter Krinsky & Drogin recently concluded its successful defense of an appeal concerning a proprietary lease on behalf of a Long Island cooperative corporation.