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MATTER OF RENREN, INC.

Index No. 653594/18. Appeal No. 13376. Case No. 2020-02793.

192 A.D.3d 539 (2021)

140 N.Y.S.3d 701

2021 NY Slip Op 01556

In the Matter of Renren, Inc. Heng Ren Silk Road Investments LLC et al., Respondents, v. Joseph Chen et al., Appellants.

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

Decided March 18, 2021.

Attorney(s) appearing for the Case

McDermott Will & Emery LLP, New York ( Andrew B. Kratenstein of counsel), for Joseph Chen and Oak Pacific Investment, appellants.

Goodwin Procter LLP, Boston MA ( Adam Slutsky of the bar of the State of Massachusetts, admitted pro hac vice of counsel), for David Chao, DCM III, L.P., DCM III-A L.P., DCM Affiliates Fund III, L.P. and DCM Investment Management III, LLC, appellants.

Winston & Strawn LLP, New York ( James P. Smith III of counsel), for Duff & Phelps, LLC, appellant.

Skadden, Arps, Slate, Meagher & Flom LLP, New York ( Christopher P. Malloy of counsel), for Renren, Inc., appellant.

Reid Collins & Tsai LLP, Austin TX ( William T. Reid of the bar of the State of Texas, admitted pro hac vice, of counsel), for respondents.

Concur—Acosta, P.J., Gische, Webber, González, JJ.

The court properly determined that it had personal jurisdiction over defendant Renren, Inc., its subsidiary, and its directors and majority shareholders, since plaintiffs established that those defendants transacted business in New York for the purposes of CPLR 302(a)(1) in connection with the transactions at issue, and that jurisdiction comported with due process (see Licci v Lebanese Can. Bank, SAL, 20 N.Y.3d 327, 339-340 [2012...

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