Cohen Tauber Spievack & Wagner P.C. v. Ringel

2024 NY Slip Op 30897(U)
CourtNew York Supreme Court, New York County
DecidedMarch 19, 2024
StatusUnpublished

This text of 2024 NY Slip Op 30897(U) (Cohen Tauber Spievack & Wagner P.C. v. Ringel) is published on Counsel Stack Legal Research, covering New York Supreme Court, New York County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cohen Tauber Spievack & Wagner P.C. v. Ringel, 2024 NY Slip Op 30897(U) (N.Y. Super. Ct. 2024).

Opinion

Cohen Tauber Spievack & Wagner P.C. v Ringel 2024 NY Slip Op 30897(U) March 19, 2024 Supreme Court, New York County Docket Number: Index No. 153525/2022 Judge: Arlene P. Bluth Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. This opinion is uncorrected and not selected for official publication. INDEX NO. 153525/2022 NYSCEF DOC. NO. 47 RECEIVED NYSCEF: 03/19/2024

SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PRESENT: HON. ARLENE P. BLUTH PART 14 Justice ---------------------------------------------------------------------------------X INDEX NO. 153525/2022 COHEN TAUBER SPIEVACK & WAGNER P.C., MOTION DATE 08/08/20221 Petitioner, MOTION SEQ. NO. 001 -v- BENJAMIN RINGEL, BR LAKEWOOD, LLC DECISION + ORDER ON MOTION Respondent. ---------------------------------------------------------------------------------X

The following e-filed documents, listed by NYSCEF document number (Motion 001) 1- 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38 were read on this motion to/for TURNOVER PROCEEDING .

The petition for a turnover is granted and the cross-motion is denied as described below.

Background

Petitioner brings this proceeding for a turnover of respondent Ringel’s membership

interest in respondent BR Lakewood, LLC (“BR”). Petitioner obtained a judgment against Ringel

for $246,306.68 on March 1, 2016. Petitioner contends that no part of this judgment has been

paid.

It explains that in connection with a separate proceeding between Ringel and his sister in

New Jersey, petitioner discovered that Ringel admitted he was the sole owner of BR. Petitioner

also observes that it started a separate action to set aside two transfers of 40% in BR and that

Ringel’s current ownership interest in BR is 60%.

1 Although this proceeding was only transferred to the undersigned in the last few days, the Court recognizes that it has been pending for an absurdly long time before different judges, even though petitioner politely requested that its application be considered. On behalf of the court system, the Court apologizes for the lengthy delay in the resolution of this proceeding. 153525/2022 COHEN TAUBER SPIEVACK & WAGNER P.C. vs. RINGEL, BENJAMIN ET AL Page 1 of 5 Motion No. 001

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Respondents cross-move to dismiss on the ground that BR is Ringel’s sole source of

income and is therefore protected. They also observe that they have moved to vacate the

judgment referenced in this petition and so, in the alternative, this proceeding should be stayed.

Ringel submits an affidavit in which he explains that he is the sole member of BR and

that BR owns 50% of another entity called BCR Lakewood (“BCR”). He claims that he earns

about $500,000 a year in compensation from BR for managing properties owned by BCR and

that this is his only source of income.

In reply and in opposition to the cross-motion, petitioner contends that the Court should

order a turnover of Ringel’s 60% interest in BR. Petitioner claims that the pending motion to

vacate the judgment is not a basis upon which this Court should deny the instant petition.

With respect to the statutory exemption claimed by respondent Ringel, petitioner claims

that asserted exemption only applies to earnings of the judgment debtor for his personal services.

It points to filings from New Jersey actions which petitioner claims shows that an outside

management company (called Affiliated Management) actually runs the properties and that

Ringel has been enjoined from running these properties.

Petitioner observes that this makes any income derived from BR “passive income” and

therefore not subject to the exemption upon which he relies. It argues that any earnings Ringel

receives is based on BR’s ownership of BCR Lakewood and are distributions, not income for

personal services.

Discussion

This motion was marked submitted on August 8, 2022 before a different judge. In the

many intervening months, much has changed. Ringel’s motion to vacate the underlying

judgment was denied (NYSCEF Doc. No. 153 in Index No. 152531/2014). It does not appear

153525/2022 COHEN TAUBER SPIEVACK & WAGNER P.C. vs. RINGEL, BENJAMIN ET AL Page 2 of 5 Motion No. 001

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that this decision was appealed (no notice of appeal appears on the NYSCEF docket). That

moots respondents’ request for a stay of this proceeding as the judgment against him remains in

effect.

Therefore, the only remaining issue is the extent of the charging order to be awarded to

petitioner as there is indisputably a judgment in its favor against Ringel that has not yet been

satisfied. Moreover, there is no question that Ringel has an interest in BR.

CPLR 5205 exempts certain property from the enforcement efforts of a judgment

creditor. Here, the exemption in dispute is the exemption for income. “Income exemptions. The

following personal property is exempt from application to the satisfaction of a money judgment,

except such part as a court determines to be unnecessary for the reasonable requirements of the

judgment debtor and his dependents. . . 2. ninety per cent of the earnings of the judgment debtor

for his personal services rendered within sixty days before, and at any time after, an income

execution is delivered to the sheriff or a motion is made to secure the application of the judgment

debtor's earnings to the satisfaction of the judgment” (CPLR 5205[d][2]).

“[T]he judgment debtor, bore the burden of proving that the funds at issue were exempt

as earnings for personal services under CPLR 5205(d)(2)” (Swig v Properties Asset Mgt.

Services, LLC, 85 AD3d 427, 428 [1st Dept 2011]).

Here, Ringel, the judgment debtor, failed to meet his burden. He claims that he receives

about $500,000 in compensation from BR “for his personal services managing the Properties”

(NYSCEF Doc. No. 13). Unfortunately, petitioner showed in reply that this is simply not the

case by submitting an order from a New Jersey action filed by Ringel’s sister against him in

which the Court appointed a management company to manage the properties (NYSCEF Doc.

No. 29). Based on this order, the Court is unable to find that the income Ringel receives from

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BR is for “personal services” as required under the statute. Instead, as petitioner contends, this

money appears to be merely passive income rather than income earned for any services provided

to BR.

Moreover, Ringel did not expound upon the personal services he provides or include any

documentation to substantiate his claims. Instead, he includes a footnote observing that he could

disclose tax returns to the Court for in-camera inspection. But that is not sufficient. Ringel

needed to include relevant tax returns or some other financial information in order to meet his

burden of providing that these funds are exempt under the CPLR. As petitioner pointed out in

reply, Ringel did not cite any basis for the proposition that he could submit critical and relevant

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Related

Swig v. Properties Asset Management Services, LLC
85 A.D.3d 427 (Appellate Division of the Supreme Court of New York, 2011)

Cite This Page — Counsel Stack

Bluebook (online)
2024 NY Slip Op 30897(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/cohen-tauber-spievack-wagner-pc-v-ringel-nysupctnewyork-2024.