Pastore LLC on behalf of its client, a 49% shareholder in a development and construction management firm (the “Company”), together with Pullman & Comley, LLC, counsel for the Chapter 7 Trustee for the Company in the SDNY, obtained a Prejudgment Remedy authorizing the attachment of $51,215,793.42, which includes $1,500,000 in punitive damages. The claims involve corporate governance and ownership structure of construction projects totaling over $1,600,000,000. In its decision granting the Prejudgment Remedy, the Court noted that “[t]he evidence of defendants’ violation of their fiduciary duties and violation of CUTPA was substantial and stunning.”
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