Legal Opinion
Gera v. All-Pro Athletics, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided December 16, 2008PublishedCited by 3 opinions
1Opinion of the Court
*727On October 30, 2003 the plaintiff purchased a 30% interest in nonparty Baseball Heaven, LLC (hereinafter BBH), and loaned BBH the sum of approximately $2.3 million. As of that date, BBH’s members were nonparty Andrew Borgia, who held a 40% interest and was also BBH’s chief executive officer, the plaintiff, and the defendant All-Pro Athletics, Incorporated (hereinafter All-Pro), which, like the plaintiff, also held a 30% interest in BBH. As part of the plaintiffs approximately $2.3 million loan to BBH, All-Pro executed, inter alia, a pledge agreement in which it pledged its 30% membership…
2Cases cited6 opinions
- Quest Commercial, LLC v. RovnerAppellate Division of the Supreme Court of the State of New York · 2006
- Salm v. FeldsteinAppellate Division of the Supreme Court of the State of New York · 2005
- Suffolk County National Bank v. Columbia Telecommunications Group, Inc.Appellate Division of the Supreme Court of the State of New York · 2007
- First City National Bank & Trust Co. v. HeatonAppellate Division of the Supreme Court of the State of New York · 1990
- Morris v. GoldsteinAppellate Division of the Supreme Court of the State of New York · 1996
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3Cited by3 opinions
- Signature Bank v. Galit Properties, Inc.Appellate Division of the Supreme Court of the State of New York · 2011
- Kachkovskiy v. KhleboprosAppellate Division of the Supreme Court of the State of New York · 2018
- Premier Real Estate Co., LLC v. SherwoodAppellate Division of the Supreme Court of the State of New York · 2009