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SILVERGROVE ADVISORS, LLC v. CROSSWING HOLDINGS LLC

Index No. 656061/17. Appeal No. 14198. Case No. 2020-03836.

197 A.D.3d 1057 (2021)

153 N.Y.S.3d 466

2021 NY Slip Op 05109

Silvergrove Advisors, LLC, Appellant, v. Crosswing Holdings LLC et al., Respondents.

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

Decided September 28, 2021.

Attorney(s) appearing for the Case

Feuerstein Kulick, LLP, New York ( David Feuerstein of counsel), for appellant.

The Ginzburg Law Firm, P.C., Fresh Meadows ( Daniel Ginzburg of counsel), for respondents.

Concur—Webber, J.P., Mazzarelli, González, Scarpulla, Pitt, JJ.

In January 2017, defendant Crosswing Holdings LLC retained plaintiff Silvergrove Advisors LLC (Silvergrove) to assist it in securing financing, which ultimately resulted in the acquisition of Crosswing by defendant Superior Crosslink Investments, L.P. (the Superior Transaction). Silvergrove brought this action in October 2017 to recover amounts allegedly owed in success fees for the Superior Transaction under the parties' engagement letter.

The motion court properly...

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