Abrams Fensterman is proud to announce a significant commercial litigation victory in the New York County Commercial Division on behalf of our client, Coney Island Auto Holdings Corp., in a dispute arising from the sale of a business governed by a complex Asset Purchase Agreement.
Led by Brooklyn-based Partners Justin Kelton and Mordecai Geisler, the firm successfully tried the case to verdict, securing a $3 million judgment, along with an award of prejudgment interest and attorney’s fees.
The decision affirms our client’s interpretation of contractual holdback provisions and reflects Abrams Fensterman’s strength in high-stakes commercial litigation matters.
Co-Chair of the Firm’s commercial litigation department, Justin Kelton, stated,
“This case was a reminder that even the most complex commercial disputes can be resolved by staying grounded in the language of the contract and the intent behind it. We’re pleased to have delivered a strong outcome for our client.”
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For more information about our Business and Commercial Litigation practice, please contact our law firm on Long Island at 516-328-2300, in Brooklyn at 718-215-5300, White Plains at 914-607-7010, Rochester at 585-218-9999 or Albany at 518-535-9477 to schedule an initial consultation.
