SD Second Ave. Member LLC v. SD Second Ave. Venture, LLC

2024 NY Slip Op 33073(U)
CourtNew York Supreme Court, New York County
DecidedSeptember 3, 2024
DocketIndex No. 152270/2024
StatusUnpublished

This text of 2024 NY Slip Op 33073(U) (SD Second Ave. Member LLC v. SD Second Ave. Venture, LLC) 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
SD Second Ave. Member LLC v. SD Second Ave. Venture, LLC, 2024 NY Slip Op 33073(U) (N.Y. Super. Ct. 2024).

Opinion

SD Second Ave. Member LLC v SD Second Ave. Venture, LLC 2024 NY Slip Op 33073(U) September 3, 2024 Supreme Court, New York County Docket Number: Index No. 152270/2024 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. 152270/2024 NYSCEF DOC. NO. 162 RECEIVED NYSCEF: 09/03/2024

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

SD SECOND AVENUE MEMBER LLC, INDEX NO. 152270/2024

Plaintiff, MOTION DATE 06/03/2024 - V - MOTION SEQ. NO. 002 SD SECOND AVENUE VENTURE, LLC, SD SECOND AVENUE CS MEMBER, LLC, CLAUDIO SOIFER, SD SECOND AVENUE HOLDING, LLC, SD SECOND DECISION+ ORDER ON AVENUE PROPERTY, LLC,250 LEGACY HOLDINGS, MOTION LLC

Defendants. ----------------------------------------------------------------------------------- X

HON. JOEL M. COHEN:

The following e-filed documents, listed by NYSCEF document number (Motion 002) 140, 141, 142, 143, 144, 145, 146, 147, 150, 151, 152, 153, 156, 157, 158, 159 were read on this motion to DISMISS

Defendants 250 Legacy Holdings, LLC ("250 Legacy"), SD Second Avenue CS Member,

LLC ("CS Member"), Claudio Soifer ("Soifer"), SD Second Avenue Venture, LLC ("SD

Venture"), SD Second Avenue Holding, LLC ("SD Holding"), and SD Second Avenue Property,

LLC ("SD Property") (collectively, "Defendants") move for an Order (a) pursuant to CPLR §

321 l(a)(4), dismissing the First and Second Causes of Action of the Verified Complaint

("Complaint") filed by Plaintiff SD Second Avenue Member LLC ("Plaintiff' or "JS Member");

(b) pursuant to CPLR § 602(a), consolidating the Complaint's Third, Fourth, and Fifth causes of

action for all purposes with the action currently pending in New York State Supreme Court, New

York County, styled Claudio Soifer, et al. v. SD Second Avenue Member LLC, et al., Index No.

152270/2024 SD SECOND AVENUE MEMBER LLC vs. SD SECOND AVENUE VENTURE, LLC ET Page 1 of 6 AL Motion No. 002

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654475/2021 (the "Soifer Action"). 1 According to Defendants, JS Member's first and second

causes of action in the Complaint should be dismissed as admittedly duplicative of its

counterclaims in the Soifer Action.

Plaintiff partially opposed this motion (NYSCEF 153). Thereafter, the parties attempted

to resolve this motion by stipulation but they did not agree on the resolution of the first two

causes of action (NYSCEF 157-158). Accordingly, the Court will address this motion.

DISCUSSION

An action may be dismissed when "there is another action pending between the same

parties for the same cause of action in a court of any state or the United States; the court need not

dismiss upon this ground but may make such order as justice requires" (CPLR 3211 [a][4]). To

determine whether an action is subject to dismissal under that provision, New York courts

analyze whether there is substantial identity of the parties, whether the causes of actions are

"substantially similar," with a "critical element[] that both suits arise out of the same subject

matter or series of alleged wrongs." (Syncora Guar. Inc. v JP. Morgan Sec. LLC, 110 AD3d 87,

96 [1st Dept 2013] [citation omitted]). Dismissal on this ground is in the broad discretion of the

court (Whitney v Whitney, 57 NY2d 731, 732 [1982]).

Here, the parties in this Action and the Soifer Action are substantially the same. CPLR

321 l(a)(4) requires "substantial, not complete, identity of the parties." (Syncora Guarantee Inc.,

110 AD3d at 96). JS Member is the Plaintiff in this action and a Defendant in the Soifer Action.

1 The Soifer Action was previously consolidated for purposes of joint discovery and trial with the action currently pending in New York State Supreme Court, New York County, styled JS.I.K. International LLC, et al. v. Joshua Schuster et al., Index No. 650898/2023 (the "Karten Action")

152270/2024 SD SECOND AVENUE MEMBER LLC vs. SD SECOND AVENUE VENTURE, LLC ET Page 2 of 6 AL Motion No. 002

2 of 6 [* 2] INDEX NO. 152270/2024 NYSCEF DOC. NO. 162 RECEIVED NYSCEF: 09/03/2024

Additionally, all of the Defendants in this action except 250 Legacy are Plaintiffs in the Soifer

Action.

Further, JS Member's First and Second Causes of Action for breach of contract and

breach of fiduciary duty are substantially similar to the Counterclaims in the Soifer Action for

breach of contract and breach of fiduciary duty. Both are asserted against CS Member, allege

that CS Member breached the JV Agreement and breached its fiduciary duties as Managing

Member under the JV Agreement (compare NYSCEF 101 ["Counterclaims"] ,i,i 24-35 with

NYSCEF 1 ["Compl"] ,J,J 47-58).

As Plaintiff points out, the majority of Plaintiff's claims regarding CS Member's

mismanagement in this Action-which relate to a series of improper distributions made by

Defendants in the wake of Defendants' fraudulent conveyances-took place after the relevant

Answer with Counterclaims was filed in the Soifer Action. However, these allegations still arise

from same the underlying facts as the claims set forth in the Answer with Counterclaims. Given

these circumstances, the Court finds that dismissing the first and second causes of action without

prejudice to amending those causes of action in the Soifer Action to bring the allegations up to

date is appropriate. This will preserve resources and prevent inconsistent rulings.

Finally, Plaintiff does not oppose the portion of Defendants' motion which seeks

consolidation of the Complaint's Third, Fourth, and Fifth causes of action for all purposes with

the Soifer Action pursuant to CPLR 602(a), and therefore this request is granted.

Accordingly, it is

ORDERED that Defendants' Motion to Dismiss and Consolidate is GRANTED, and

Plaintiff's first and second causes of action are dismissed without prejudice to amending the

corresponding counterclaims in the Soifer Action; Plaintiff is granted to leave to amend its

152270/2024 SD SECOND AVENUE MEMBER LLC vs. SD SECOND AVENUE VENTURE, LLC ET Page 3 of 6 AL Motion No. 002

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Answer and Counterclaims in the Soifer Action within twenty (20) days of the date of this Order

and may, if it chooses, file a Third-Party Complaint in the Soifer Action against 250 Legacy that

will relate back to the filing of its corresponding claim in this action; responsive pleadings shall

be filed within twenty (20) days thereafter; it is further

ORDERED that within seven (7) days of the responsive pleadings being filed, the parties

in the new consolidated Soifer Action and the Karten Action shall submit a proposed discovery

order to the Court; it is further

ORDERED that the Third, Fourth, and Fifth causes of action in the above-captioned

action are consolidated in this Court with Claudio Soifer, et al. v. SD Second Avenue Member

LLC, et al., Index No. 654475/2021, pending in this Court; and it is further

ORDERED that the consolidation shall take place under Index No. 654475/2021 and the

consolidated action shall bear the following caption:

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Related

Whitney v. Whitney
440 N.E.2d 1324 (New York Court of Appeals, 1982)

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Bluebook (online)
2024 NY Slip Op 33073(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/sd-second-ave-member-llc-v-sd-second-ave-venture-llc-nysupctnewyork-2024.