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jdsupra.com: https://www.jdsupra.com/legalnews/a-money-judgment-by-any-other-name-is-5119221/

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J000312
Source
GDELT news · original
Published
Tuesday, May 19, 2026

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--> A Money Judgment by Any Other Name is Still Not Rescission: First Department Rejects Last-Ditch Intervention Gambit in LLC Membership Dispute | Farrell Fritz, P.C. - JDSupra Menu News & Insights Popular Labor & Employment Finance & Banking Intellectual Property Health & Healthcare Environmental Issues more… Business Insurance Commercial Real Estate Corporate Taxes Immigration Securities more… Personal Residential Real Estate Estate Planning Civil Rights Personal Taxes Bankruptcy more… Jump to: Latest Updates » Trending [ 7 ] [Survey] What do GC want from law firm guidance? Your input matters... [Hot Topic] Artificial Intelligence [Hot Topic] Employer Liability Issues Latest IMMIGRATION News & Updates Stay Informed: Popular Reads on JD Supra Meet JD Supra's To

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--> A Money Judgment by Any Other Name is Still Not Rescission: First Department Rejects Last-Ditch Intervention Gambit in LLC Membership Dispute | Farrell Fritz, P.C. - JDSupra Menu News & Insights Popular Labor & Employment Finance & Banking Intellectual Property Health & Healthcare Environmental Issues more… Business Insurance Commercial Real Estate Corporate Taxes Immigration Securities more… Personal Residential Real Estate Estate Planning Civil Rights Personal Taxes Bankruptcy more… Jump to: Latest Updates » Trending [ 7 ] [Survey] What do GC want from law firm guidance? Your input matters... [Hot Topic] Artificial Intelligence [Hot Topic] Employer Liability Issues Latest IMMIGRATION News & Updates Stay Informed: Popular Reads on JD Supra Meet JD Supra's Top Authors! Build a Morning News Digest: Easy, Custom Content, Free! Browse All Law News Topics » Find Author By Business Matters Labor & Employment Finance & Banking Intellectual Property Insurance Taxes See All Subjects » --> By Personal Issues Civil Rights Family Matters Personal Injury Wills, Trusts, & Estate Planning Worker’s Compensation See All Subjects » --> By Location California New York Texas Canada United Kingdom See All Locations » --> Subscribe Custom Email Digests Build a custom email digest by following topics, people, and firms published on JD Supra. X (formerly Twitter) RSS Feeds for Publishers For Reporters My Account Log In May 18, 2026 A Money Judgment by Any Other Name is Still Not Rescission: First Department Rejects Last-Ditch Intervention Gambit in LLC Membership Dispute Becky (Hyun Jeong) Baek Farrell Fritz, P.C. + Follow x Following x Following - Unfollow Contact LinkedIn Facebook X Send Embed To embed, copy and paste the code into your website or blog: Some of the most interesting cases we post about on this blog are, of course, the ones where there is more than meets the eye. On the surface, today’s case— Bapaz NYC West St Group LLC v. Assa Properties Inc. , 2026 NY Slip Op 03061 (1st Dept May 14, 2026) —appears to address a simple legal question: whether a non-party co-purchaser of an LLC membership interest can intervene in a lawsuit after judgment against the seller was entered in favor of the plaintiff co-purchaser. Both the Supreme Court and the First Department said no, which might seem puzzling at first. How can it be that a co-purchaser lacks the “real and substantial interest” required to intervene, especially when it was a party to the very contract at the center of the litigation? But, push past the surface and we find something very familiar to business divorce practitioners: strategic legal tactics; never-say-die attorneys; kitchen-sink style avoidance of a nearly $3 million judgment; and a Court that sees straight through those attempted legal maneuvers. The Real Estate Transaction The transaction at the heart of this dispute involved entities owned or controlle

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