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COBALT MULTIFAMILY INVESTORS I, LLC v. ARDEN

No. 06 Civ. 6172(KMW)(MHD).

857 F.Supp.2d 349 (2011)

COBALT MULTIFAMILY INVESTORS I, LLC, et al., Plaintiffs, v. Lisa ARDEN, et al., Defendants.

United States District Court, S.D. New York.

September 30, 2011.

Attorney(s) appearing for the Case

Joseph E. Gasperetti , Leonard Weintraub , Paduano & Weintraub, New York, NY, for Plaintiffs.

Howard Kagan, Howard Kagan Esq. , Brooklyn, NY, James O. Drucker , Kase & Druker, Garden City, NY, Steven T. Halperin , Halperin & Halperin, P.C., Anthony Paduano , Paduano & Weintraub, New York, NY, for Defendants.

OPINION AND ORDER

KIMBA M. WOOD, District Judge.

I. Background

On February 24, 2011, Anthony Paduano, Esq., the court-appointed receiver ("Receiver") for Plaintiffs Cobalt Multifamily Investors I LLC, Cobalt Multifamily CO. I, LLC, Cobalt Capital Funding, LLC, and Vail Mountain Trust ("the Cobalt Entities") moved for summary judgment against Arthur Landsman, Michael Eisemann, Susan Kagan, John Dundon (the "individual...

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