Putien New Power Intl. Trade Co., Ltd. v. Esquire Footwear Brands, LLC

2024 NY Slip Op 33550(U)
New York Supreme Court, New York County·Decided October 3, 2024·No. Index No. 157819/2022·Unpublished

Opinion

Putien New Power Intl. Trade Co., Ltd. v Esquire Footwear Brands, LLC 2024 NY Slip Op 33550(U) October 3, 2024 Supreme Court, New York County Docket Number: Index No. 157819/2022 Judge: Emily Morales-Minerva 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 10/07/2024 12:55 PM INDEX NO. 157819/2022 NYSCEF DOC. NO. 96 RECEIVED NYSCEF: 10/04/2024

SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PRESENT: HON. EMILY MORALES-MINERVA PART 42M Justice --------------------X INDEX NO. 157819/2022 PUTIEN NEW POWER INTERNATIONAL TRADE CO., MOTION DATE 05/30/2024 LTD.,

Plaintiff, MOTION SEQ. NO. 004

- V -

ESQUIRE FOOTWEAR BRANDS, LLC, ISAAC SAADA, DECISION + ORDER ON WHITE OAK COMMERCIAL FINANCE, LLC MOTION

Defendants.

--------------------X The following e-filed documents, listed by NYSCEF document number (Motion 004) 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 83, 84 were read on this motion to/for DISCOVERY

APPEARANCES:

Bluestone, P.C., New York, New York (M. Zachary Bluestone, Esq., of counsel), for plaintiff.

Goldberg Segalla LLP, New York, New York (Adam S. Katz, Esq., of counsel), for defendants Esquire Footwear Brands LLC and Isaac Saada.

HON. EMILY MORALES-MINERVA:

In this action for an alleged fraudulent conveyance, PUTIEN

NEW POWER INTERNATIONAL TRADE CO., LTD. ("plaintiff") moves,

pursuant to CPLR § 3214, for an order compelling defendants

ESQUIRE FOOTWEAR BRANDS, LLC, and ISAAC SAADA (collectively,

"defendants") to comply with plaintiff's first set of

interrogatories and first requests for production. Plaintiff

also seeks an order awarding them costs, and imposing penalties

157819/2022 PUTIEN NEW POWER INTERNATIONAL TRADE CO., LTD. vs. ESQUIRE Page 1 of 14 FOOTWEAR BRANDS, LLC ET AL Motion No. 004

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on defendants. Defendants oppose the motion, and cross-move for

a protective order.

For the reasons set forth below, the court grants the

subject motion, in part, and denies the cross-motion in its

entirety.

BACKGROUND

On June 08, 2021, in a related action for breach of

contract, the court (Andrew Borrok, J.S,C.), entered a default

judgment in favor of plaintiff PUTIEN NEW POWER INTERNATIONAL

TRADE co., LTD. (plaintiff)· against non-party Esquire Footwear

LLC "in the amount of $1,449,529.74, plus statutory interest of

9%- per annum from the date of entry of judgment, plus costs and

disbursements" {Putien New Power Int'l Trade Co. v. Esquire

Footwear LLC, 2021 N.Y. Misc. LEXIS 19332, *l [Sup Ct, NY Cnty

2021] ) .

In this action, plaintiff filed a complaint seeking to

recover said amount against defendant Esquire Footwear Brands,

LLC {"Esquire Footwear Brands 11 ) , Issac Saada {"Saada"), and

White Oak Commercial Finance, LLC ("White Oak"), alleging that

they engaged in a scheme to evade non-party Esquire Footwear

LLC's. creditors, including the plaintiff, by fraudulently

transferring its assets to defendant Esquire Footwear Brands.

157819/2022 PUTIEN NEW POWER INTERNATIONAL TRADE CO., LTD. vs. ESQUIRE Page2of 14 FOOTWEAR BRANDS, LLC ET AL· Motion No. 004

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The causes of action asserted in the complaint are first,

successor liability against Esquire Footwear Brands; second,

fraudulent transfer under the New York Debtor & Creditor Law

("DCL") against Esquire Footwear Brands and Isaac Saada --- the

former Chief Executive Officer (CEO) of non-party Esquire

Footwear and current CEO of Esquire Footwear Brands; third,

breach of fiduciary duty against Saada pursuant to the trust

fund doctrine; and fourth, aiding and abetting _the alleged

breach of fiduciary duty and fraudulent transfer against

defendant White Oak, non-party Esquire Footwear LLC's first-

priority secured creditor.

Defendants moved, pre-answer, for an order dismissing all

causes of action asserted against Saada, a ·portion of the

successor liability claim, and the second and third causes of

actions for fraudulent transfer entirely (see CPLR § 3211 [a]

[7]). In addition, defendant White Oak moved to dismiss all

claims against it.

The court (N. Bannon, J.S.C.), granted Esquire Footwear

Brands and Saada's motion to the extent that it dismissed the

second and third causes of action for fraudulent transfer, but

denied the motion to the extent that it sought an order

dismissing all causes of action against Saada and sought an

order dismissing a portion of the first cause of action against

157819/2022 PUTIEN NEW POWER INTERNATIONAL TRADE CO., LTD. vs. ESQUIRE Page 3of 14 FOOTWEAR BRANDS, LLC. ET AL Motion No. 004

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Esquire Footwear Brands. 1 The same court granted defendant White

Oak's motion for summary judgment in its entirety, dismissing

all causes of action against White Oak.

Therefore, the only causes of action before this court are

plaintiff's causes of action for successor liability against

Esquire Footwear Brands and breach of fiduciary duty against

Saada based on the trust fund doctrine.

Finally, the Court (N. Bannon, J.S.C}, directed Esquire

Footwear Brands and Saada to file an answer to the remaining

causes of action within 20 days from the date of that order and

scheduled a preliminary conference on January 18, 2024 (see

Putien New Power Int'l Trade Co. v. Esquire Footwear Brands,

LLC, 2024 NY Misc LEXIS 237, *9-10 [January 15, 2024]}.

All parties appeared at said conference, which took place

off record. Following the conference, the court (N. Bannon,

J.S.C.) issued a conference order directing, among other things,

that defendants file responses and/or objections to plaintiff's

interrogatories and document requests within a certain deadline

(see NYSCEF Doc. No. 53, Preliminary Conference Order}.

1 The court (N. Bannon, J.S.C.) held that the "plaintiff's allegations that Esquire Footwear transferred its assets, goodwill, client relationships, vendor numbers, offices, warehouse, management, and employees to Esquire Brands, and that there was continuity of ownership" was sufficient to state a successor liability claim under the mere continuation doctrine (NYSCEF Doc. No. 49, Decision and Order, January 15, 2024). However, the same court dismissed the fraudulent transfer causes of action, finding that the plaintiff failed to plead with sufficient particularity the facts constituting these claims.

157819/2022 PUTIEN NEW POWER INTERNATIONAL TRADE CO., LTD. vs. ESQUIRE Page4of14 FOOTWEAR BRANDS, LLC ET AL Motion No. 004

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Defendants provided no answers and filed their objections

two days late. Defendants also filed their answer to the

complaint two weeks late.

However, thereafter, the parties met and conferred on

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Putien New Power Intl. Trade Co., Ltd. v. Esquire Footwear Brands, LLC, 2024 NY Slip Op 33550(U) (N.Y. Super. Ct. 2024).

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