Thursday, July 10, 2014

Thank you Incorporated Village of Poquott!!
Our warmest regards to the Village of Poquott, and thank you for the honor of letting our partner Peter Sverd serve as your Village Attorney for the past eight years.
It has been a pleasure to work with you and to service your legal needs.
All the best to the incoming administration!


Friday, April 11, 2014

YRSS Restores Shareholder's Right to Vote; Stays Termination of Proprietary Lease

In a Court decision highlighted as a "Decision of Interest" in the New York Law Journal, the New York State, Supreme Court granted our client's application for a ‘Yellowstone’ injunction thereby preserving her interest in a cooperative apartment located in lower Manhattan. This motion was necessitated in part, by the plaintiffs attempt to terminate our client's proprietary lease as the result of an alleged failure to pay the coop's legal fees that were incurred as the result of a prior enforcement issue, against our client.  The Court’s order also invalidated certain votes of the other shareholders at shareholder meetings, who refused to count the vote of our client, and ordered that our client's voting rights be restored, therefore preserving her voice in the management of the cooperative apartment.
Summer v. Ruckus 85 Corp. Supreme Court, New York
Peter E. Sverd, Esq. for the motion

Wednesday, March 19, 2014

Jon A. Stockman, Esq. joins YRSS

We are pleased to announce that Jon A. Stockman has joined the firm as an Associate.

Friday, January 11, 2013

Motion to Reargue is Granted; Kings County Commercial Division Judge Dismisses Lawsuit Against Three Corporate Defendants and its Principal



YRSS defended three corporate defendants and their principal in an action which sought to rescind and enjoin the continued performance of a $2.6 million stock purchase agreement. The Court dismissed the complaint on re-argument of Peter  E. Sverd's motion to dismiss. Dismissal of the case early on in the litigation saved the client precious time and with minimum interruption of the transaction. 
See Liu v. Asian Supermarket Corp., et al. New York State Supreme Court, Index No.: 3710/2012