Arkin Solbakken LLP Obtains Win on Appeal In Breach of Contract Case

Mar 20, 2022

Arkin Solbakken LLP won summary judgment on all counts in the Supreme Court of New York on behalf of its client Moelis & Company LLC, in the action styled Moelis & Company LLC v. Ocwen Financial Corp., Index No. 655946/2018 (Sup. Ct. N.Y. County 2018). In March 2022, the Appellate Division, First Department affirmed the Supreme Court’s Decision and agreed that Moelis is entitled to an award of a substantial transaction fee, out-of-pocket expenses, and attorneys’ fees. The Appellate Division, First Department also affirmed the Supreme Court’s dismissal of all counterclaims asserted against Moelis. Moelis was represented by Lisa C. Solbakken, Deana Davidian and Thomas O’Brien of Arkin Solbakken LLP.