Dismissal on Behalf of Former Members of LLC
On May 1, 2013, Justice Joan M. Kenney of New York County Supreme Court granted the motion to dismiss filed by Sher Tremonte on behalf of its clients, two former members of a limited liability company. The LLC , which operates a professional photography studio in the Chelsea area of Manhattan, sought over $1 million in damages from Sher Tremonte’s clients based on alleged breaches of fiduciary duty and conversion. Adopting Sher Tremonte’s lead argument that the claims were barred by a prior agreement, the court dismissed the claims in their entirety. Read the decision here.