Legal Opinion
Adar Bays v. GeneSYS ID
New York Court of Appeals
Decided October 14, 2021No. 51Published
1Opinion of the Court
State of New York OPINION Court of Appeals This opinion is uncorrected and subject to revision before publication in the New York Reports. No. 51 Adar Bays, LLC, Respondent, v. GeneSYS ID, Inc., &c., Appellant. Marjorie M. Santelli, for appellant. Kevin Kehrli, for respondent. Power Up Lending Group, Ltd., amicus curiae. WILSON, J.: The United States Court of Appeals for the Second Circuit has certified two questions to our Court: “1. Whether a stock conversion option that permits a lender, in its sole discretion, to convert any outstanding balance to shares -1- -2- No. 51 of stock at a fixed…
2Cases cited37 opinions
- Ashland Management Inc. v. JanienNew York Court of Appeals · 1993
- Kenford Co. v. County of ErieNew York Court of Appeals · 1986
- Contemporary Mission, Inc., Plaintiff-Appellee-Cross-Appellant v. Famous Music Corporation, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1977
- Jenkins v. MoyseNew York Court of Appeals · 1930
- Hammelburger v. Foursome Inn Corp.New York Court of Appeals · 1981
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