1. Home
  2. Browse Decisions
  3. A.D.3d
  4. 107 A.D.3d
  5. 107 A.D.3d 95 (2013)
 

PINE ST. ASSOC. v. SOUTHRIDGE

652109/10, 8607

107 A.D.3d 95 (2013)

965 N.Y.S.2d 15

2013 NY Slip Op 2854

In the Matter of PINE STREET ASSOCIATES, L.P., Appellant, v. SOUTHRIDGE PARTNERS, L.P., et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided April 25, 2013.

Attorney(s) appearing for the Case

Becker & Poliakoff, LLP, New York City ( Lance Gotthoffer of counsel), and Reed Smith LLP, New York City ( Gil Feder and John L. Scott, Jr. of counsel), for appellant.

Robinson Brog Leinwand Greene Genovese & Gluck, P.C., New York City ( Lawrence S. Hirsh of counsel), and Moses & Singer LLP, New York City ( Steven R. Popofsky and Jason Canales of counsel), for respondents.

ANDRIAS, SAXE and FREEDMAN, JJ., concur with ACOSTA, J.; TOM, J.P., dissents in a separate opinion.

OPINION OF THE COURT

ACOSTA, J.

The primary issue in this case is whether the tender of securities to petitioner by respondent Southridge Partners, L.P., an investment fund (the fund), satisfies respondent's obligation under an arbitral award to complete the redemption of petitioner's interest in the fund in cash or in kind. We hold that Southridge owes petitioner the same dollar amount regardless of whether it...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases