Fishkin Lucks prevailed today in the Supreme Court of New York (Kings County) (Demarest, J.). The Court granted the Firm’s motion to dismiss all claims alleging that our client, Banco Popular North America (“BPNA”), engaged in a racketeering conspiracy in connection with its financing of a failed $23M real estate project in Brooklyn, New York. The Court agreed that plaintiff had failed to adequately allege that BPNA participated in a racketeering enterprise and dismissed all of plaintiff’s claims with prejudice.
A copy of the Court’s decision can be found here and a copy of a recent Law360 article about this victory can be found here.
