Fuks v. Rakia Assoc.

2024 NY Slip Op 31129(U)
CourtNew York Supreme Court, New York County
DecidedApril 4, 2024
StatusUnpublished

This text of 2024 NY Slip Op 31129(U) (Fuks v. Rakia Assoc.) 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
Fuks v. Rakia Assoc., 2024 NY Slip Op 31129(U) (N.Y. Super. Ct. 2024).

Opinion

Fuks v Rakia Assoc. 2024 NY Slip Op 31129(U) April 4, 2024 Supreme Court, New York County Docket Number: Index No. 122768/1996 Judge: Melissa A. Crane 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. [FILED: NEW YORK COUNTY CLERK 04/05/2024 04:58 P~ INDEX NO. 122768/1996 NYSCEF DOC. NO. 215 RECEIVED NYSCEF: 04/05/2024

SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PRESENT: HON. MELISSA A. CRANE PART SOM Justice ---------------------- ----X INDEX NO. 122768/1996 MALI FUKS, MOTION DATE 11/09/2023 Plaintiff, MOTION SEQ. NO. 033 -v- RAKIA ASSOCIATES, DECISION + ORDER ON MOTION Defendant. ------------------------------ --X

The following e-filed documents, listed by NYSCEF document number (Motion 033) 194, 195, 196, 197, 198,199,200,203,204,205,206,207,208,209,210 were read on this motion to/for WITHDRAW FUNDS

Plaintiff Mali Fuks ("Fuks") has moved to withdraw funds, dividing the assets of R&L

Realty Associates ("R&L") between herself and her partner Ruth Shomronl ("Shomron") pursuant

to orders and judgments entered in both this action ("Action No. 1") and a rylated action (Shomron I v Fuks, l 02882/2002 ["Action No. 2"]). The R&L funds are currently held in two separate escrow

accounts: one with the law firm Brill & Meisel ("B&M") in the amount of $509,074.84 and one

with the Department of Finance of the City of New York ("DOF") in the atnount of $6,016,835. 1

In particular, Fuks refers to four orders and judgments that purportedly form the basis for

the motion to withdraw funds:

• Action No. 1 - April 10, 2023 decision and order modifying and confirming the referee's report (NYSCEF Doc. No. 196) • Action No. 2 - June 29, 2023 amended judgment (NYSCEF Doc. No. 197) • Action No. 1 - July 5, 2023 amended judgment (NYSCEF Doc. No. 198) • Action No. 1 - October 3, 2023 decision and order awarding attorney's fees (NYSCEF Doc. No. 199).

1 While Fuks asserts that the exact amount that the DOF holds in escrow is $6,016,835.23, Shomron states that the amount as of October 11, 2023 was $6,016,835.27. 122768/1996 FUKS, MALI vs. RAKIA ASSOCIATES Page 1 of 5 Motion No. 033

[* 1] 1 of 5 [FILED: NEW YORK COUNTY CLERK 04/05/2024 04: 58 PM] I INDEX NO. 1227 68/l996 NYSCEF DOC. NO. 215 RECEIVED NYSCEF: 04/05/2024

After finding that particular loans to R&L that formed the basis for Shomron's eighth

counterclaim were valid and enforceable, the court denied without prejudice Plaintiffs prior

motion to distribute funds to allow for an inquest to determine the amounts for R&L to pay back

related to the loans (April 12, 2023 Decision and Order, NYSCEF Doc. No. 200). Ultimately, the

court dismissed the eighth counterclaim pursuant to a May 10, 2023 decision and order (NYSCEF i Doc. No. 139) and entered the judgments in both actions.

In particular, pursuant to the amended judgment in Action No. 1, the court ordered that

Fuks recover from Shomron the amount of $375,000.00 plus interest at 9% per annum from

December 30, 1996 in the sum of $895,345.89, for a total sum of $1,270,345.89 (July 5, 2023

Amended Judgment). After the entry of the amended judgment in Action No. 1, Shomron filed a

notice of appeal of that amended judgment on November 1, 2023 (NYSCEF Doc. No. 202).

Additionally, Shomron obtained an appeal bond in the amount of $1,587,932.65 in relation to the

July 5, 2023 amended judgment in Action No. 1 (Appeal Bond, NYSCEF Doc. No. 201). Pursuant

to the Appeal Bond, "if the judgment or order appealed from, or any part of it, is affirmed, or the

appeal is dismissed, the appellant shall pay the amount directed to be paid by the judgment or

order, or the part of it as to which the judgment or order is affirmed" (id.). i

Defendants make two arguments in opposition to Plaintiffs motion to distribute the assets.

First, Defendants assert that pursuant to a November 28, 2006 interl9cutory judgment, the I

distribution of R&L' s assets was to "await and be subject to the entry of a final judgment resolving

the remaining claims of all of the parties in Action No. 1" (November 28, 2006 Interlocutory

Judgment, ,-i 6, NYSCEF Doc. No. 204) and that pursuant to an August 16, 2010 interlocutory

judgment, the net proceeds of the sale of apartments owned by R&L were to be deposited with the

Clerk of the Court "pending the resolution of [Action No. 1]" (August 16, 2010 Interlocutory

122768/1996 FUKS, MALI vs. RAKIA ASSOCIATES Page 2 of 5 Motion No. 033

2 of 5 [* 2] [FILED: NEW YORK COUNTY CLERK 04/05/2024 04:58 P~ INDEX NO. 122768/1996 NYSCEF DOC. NO. 215 RECEIVED NYSCEF: 04/05/2024

Judgment, p. 3, NYSCEF Doc. No. 205). According to Defendants, the court must deny the motion

to withdraw funds because their several appeals in Action No. 1 render the action still pending.

The court rejects this argument. Neither the November 28, 2006 interlocutory judgment nor the ' I August 16, 2010 interlocutory judgment refer to exhaustion of all appeals as a prerequisite for the

withdrawal and distribution of the funds. This court's July 5, 2023 amended judgment and October

3, 2023 decision awarding attorney's fees (NYSCEF Doc. No. 199) have resolved all remaining

claims in Action No. 1, and Action No. 1 is disposed.

However, Defendants also argue that the Appeal Bond automatically stays enforcement of

the amended judgment in Action No. 1. Pursuant to CPLR 5519(a)(2),

"[s]ervice upon the adverse party of a notice of appeal ... stays all proceedings to enforce the judgment or order appealed from pending the appeal ... where ... the judgment or order directs the payment of a sum of money, and an undertaking in that sum is given that if the judgment or order appealed from, or any part of it, is affirmed, or the appeal is dismissed, the appellant or moving party shall pay the amount directed to be paid by the judgment or order, or the part of it as to which the judgment or order is affirmed"

(CPLR 5519[a][2]; see also Wiederhorn v Merkin, 106 AD3d 416,416 [1st Dept 2013]; Motta v

Ventura, 2020 WL 13137646, * 1 [Sup Ct, NY County Aug 20, 2020]).

The stay mechanism in CPLR 55 l 9(a) is automatic (see Karg v Kern, 125 AD3d 527, 527

[1st Dept 2015]; Vickv Albert, 50 AD3d 438,438 [1st Dept 2008]). However, it does not apply to

non-final orders (see Tax Equity Now NY LLC v City of New York, 173 AD3d 464, 464-465 [1st I Dept 2019] [finding that the "filing of a notice of appeal of an order denyi~g a motion to dismiss

does not trigger the automatic stay with respect to litigation obligations provided for in the CPLR,

such as the obligation to answer and comply with discovery requests"]). Further, while the stay is

automatic, a party may move the court to vacate the stay pursuant to CPLR 5519(c) (see HGCD

122768/1996 FUKS, MALI vs. RAKIA ASSOCIATES Page 3 of 5 Motion No. 033

[* 3] 3 of 5 [FILED: NEW YORK COUNTY CLERK 04/05/2024 04:58 P~ INDEX NO. 122768/1996 NYSCEF DOC. NO. 215 RECEIVED NYSCEF: 04/05/2024

Retail Services, LLC v 44-45 Broadway Realty Co., 12 Misc3d 1166(a), *1 [Sup Ct, NY County

Apr 17, 2006]).

Here, by filing the notice of appeal and obtaining the Appeal Bond with respect to the

amended judgment in Action No. 1, enforcement of that amended judgmerit was stayed. The July

5, 2023 amended judgment required Shomron pay Fuks a total sum of$1,270,245.89 (July 5, 2023

Amended Judgment).

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Related

Karg v. Kern
125 A.D.3d 527 (Appellate Division of the Supreme Court of New York, 2015)
Wiederhorn v. Merkin
106 A.D.3d 416 (Appellate Division of the Supreme Court of New York, 2013)

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2024 NY Slip Op 31129(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/fuks-v-rakia-assoc-nysupctnewyork-2024.