Schultz v. Martinez

2024 NY Slip Op 31542(U)
CourtNew York Supreme Court, New York County
DecidedApril 30, 2024
StatusUnpublished

This text of 2024 NY Slip Op 31542(U) (Schultz v. Martinez) 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
Schultz v. Martinez, 2024 NY Slip Op 31542(U) (N.Y. Super. Ct. 2024).

Opinion

Schultz v Martinez 2024 NY Slip Op 31542(U) April 30, 2024 Supreme Court, New York County Docket Number: Index No. 655430/2023 Judge: Joel M. Cohen 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. 655430/2023 NYSCEF DOC. NO. 16 RECEIVED NYSCEF: 04/30/2024

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK: COMMERCIAL DIVISION PART 03M ----------------------------------------------------------------------------------- X

HARVEY SCHULTZ, ANDREA SCHULTZ, SASHA INDEX NO. 655430/2023 TEHRANI,

Plaintiffs, MOTION DATE 02/29/2024

- V - MOTION SEQ. NO. 001 ANTHONY R. MARTINEZ, NOKAMA EQUITIES, LLC, DECISION+ ORDER ON Defendants. MOTION

----------------------------------------------------------------------------------- X

HON. JOEL M. COHEN:

The following e-filed documents, listed by NYSCEF document number (Motion 001) 7, 8, 9, 10, 11, 12, 13, 14, 15 were read on this motion for DEFAULT JUDGMENT

Plaintiffs Harvey Schultz, Andrea Schultz and Sasha Tehrani ("Plaintiffs"), move for an

Order pursuant to CPLR 3215 for entry of a default judgment against Defendant Nokama

Equities, LLC (the "Company") and Anthony Martinez (collectively, "Defendants") on liability

for the relief demanded in Plaintiffs' Complaint dated October 31, 2023, and setting an inquest to

determine damages.

According to the Complaint, Mr. Martinez induced Plaintiffs to invest approximately

$520,000 with the Company, by promising Plaintiffs that the Company would sell its real estate

interests and that Plaintiffs' investment would be liquidated in a five-to-seven-year time frame

(NYSCEF 1 ,J,J2-6). When Mr. Martinez failed to sell the real estate interests, Plaintiffs sought

dissolution of the Company. Mr. Martinez vigorously opposed the claim, and the court found

that Mr. Martinez could and would "carry on the business in accordance with the ... Operating

Agreement." (id. at ,J,J9-12). Thereafter on March 7, 2019, Plaintiffs withdrew as members of

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the Company, triggering their right "to an amount equal to the value of the Member's

Membership Interest in the Company, to be paid over a period not to exceed five years together

with interest" pursuant to the express terms of the Company's Operating Agreement (NYSCEF 2

§ 12.2(b)). However, Mr. Martinez has failed to pay the Plaintiffs, refuses to communicate with

them regarding a payment schedule or plan, and has profited from the increased value of the real

estate between March 7, 2019 and the present day (NYSCEF 1 ,J,Jl 1-12, 97). Plaintiffs have

now asserted claims for declaratory judgment, breach of contract, breach of the covenant of good

faith and fair dealing, unjust enrichment, breach of fiduciary duty, conversion, constructive trust,

equitable accounting, and temporary receivership (NYSCEF 1).

The time for the Defendants to answer has expired (January 12, 2023), and Defendants

have not answered or otherwise moved with respect to the Summons and Complaint in this

action. 1 For the reasons described below, the motion for default judgment is granted in part.

Plaintiffs have submitted unrebutted evidence demonstrating compliance with the

requirements of CPLR 3215 through the Affirmation of Siddartha Rao, Esq. dated February 29,

2024 (NYSCEF 11), and the Affidavit of Harvey Schultz, sworn to on February 26, 2024

(NYSCEF 13), together with the exhibits annexed thereto (NYSCEF 14-15), including the

Complaint setting forth the facts establishing Plaintiffs' claims. Plaintiffs also submitted proof

that service of summons and complaint was made upon Defendants (see NYSCEF 5-6). No

opposition has been filed.

1 On January 12, 2024, Defendant Mr. Martinez purported to record representation for both Defendants. However, Mr. Martinez cannot appear on behalf of the Company, as a corporate defendant cannot appear prose under CPLR § 321(a). Moreover, after appearing, Mr. Martinez filed no Answer to the Complaint for himself or the Company, nor requested any extension, nor filed opposition to this motion.

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Therefore, Plaintiffs' motion for default judgment is granted as to ( 1) the claims for

declaratory judgment, constructive trust, and equitable accounting; and (2) liability only on

Plaintiffs' breach of contract claim and unjust enrichment claim. 2 The Court directs the parties

to an inquest, before a Special Referee, to hear and make a recommendation to the Court as to an

equitable accounting and the amount of damages, if any, to which Plaintiffs are entitled under

their breach of contract and unjust enrichment claims.

Defendants may seek a vacatur of the instant default judgment if it can satisfy the

requirements of CPLR § 5015, CPLR § 317, or any other relevant law.

Accordingly, it is

ORDERED that Plaintiffs' Motion for default judgment against Defendants is

GRANTED IN PART as to Plaintiffs' claims for declaratory judgment, breach of contract,

unjust enrichment, constructive trust, and equitable accounting; the motion is otherwise denied; it

is further

ADJUDGED and DECLARED that the Company's operating agreement requires Mr.

Martinez and the Company to provide a payment schedule based on the value of the Plaintiffs'

2 Default judgment cannot be granted on the remaining claims. Plaintiffs' breach of the covenant of good faith and fair dealing, breach of fiduciary duty, and conversion claims are duplicative of their breach of contract claim (see Hazan v Biamonte, 77 Misc 3d 1217(A) [Sup Ct, NY County 2022] [noting on default judgment that certain claims were duplicative of breach of contract claims]). Additionally, Plaintiffs have failed to demonstrate the need for a temporary receivership as Plaintiffs have failed to "produce any evidence that the funds or property of the corporation are in danger of being materially injured or destroyed. Therefore, appointment of a receiver is not warranted at this time" (Smith v Gegen, 2014 WL 894839 [Sup Ct, NY County 2014]). Finally, Plaintiffs have not supported their request for attorney's fees either by citation to the parties agreement or any applicable law (Hooper Assoc., Ltd. v AGS Computers, Inc., 74 NY2d 487,491 [1989] ["A]ttorney's fees are incidents oflitigation and a prevailing party may not collect them from the loser unless an award is authorized by agreement between the parties, statute or court rule"]).

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membership interests as of March 7, 2019 with the final payment to be made no later than March

7, 2024; it is further

ORDERED AND ADJUDGED that a constructive trust is granted imposing an

equitable trust upon the Company and its interests, making Mr. Martinez an equitable trustee for

the benefit of Plaintiffs; it is further

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Related

Hooper Associates Ltd. v. AGS Computers, Inc.
548 N.E.2d 903 (New York Court of Appeals, 1989)

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2024 NY Slip Op 31542(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/schultz-v-martinez-nysupctnewyork-2024.