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August 12, 2021By Michael Cader

Judge Allows Most of Gendell’s Counterclaims to Proceed

August 12, 2021By Michael Cader

New York State Supreme Court Judge Joel Cohen ruled on Wednesday that all but one of agent Yfat Reiss Gendell’s counterclaims against agent Peter McGuigan can move forward, rejecting McGuigan’s motion to dismiss. Most significantly, the judge ordered what is left of Foundry to “advance attorneys’ fees and expenses to Gendell.” The original counterclaim suggested that amount was already at least $150,000, which will be yet another strain on the resources of Foundry. Judge Cohen found sufficient grounds to let stand the counterclaims of defamation, tortious interference and breach of contract, dismissing only the claim of prima facie tort (which “courts […]

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Filed Under: Agency News, Authors, Legal

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