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Siddarth Gupta, Linsay Villareal v. Jeffrey Schultz, Gregory Tannor, Sam Phelps, Flowerhouse Ny Llc, Michael Silverman, Ny Farm Holdco Llc

On February 14, 2024 a special proceedings - cplr article 75 (arbitration) - commercial division case was filed by (Subcribe to view) represented by (Subcribe to view) against (Subscribe to view) in the jurisdiction of New York County. Judge Jennifer G. Schecter presiding.

Case Details

Case Number

(Subscribe to View)   

Filing Date

February 14, 2024

Last Refreshed

July 01, 2024

Filing Location

New York County, NY

Filing Court House

Supreme

Judge

Hon. Jennifer G. Schecter Trellis Spinner 👉 Discover key insights by exploring more analytics for Jennifer G. Schecter   

Category

Special Proceedings - CPLR Article 75 (Arbitration) - Commercial Division

Practice Area

Arbitration

Matter Type

General Arbitration

Status

Closed

Overview

This petition is for a provisional order in aid of arbitration pursuant to CPLR ¶

7502 (c) enjoining and restraining Respondents from transferring, removing, using or otherwise

dispensing with any assets of FH, including any cannabis, cash, inventory, equipment or

intellectual property in a manner that is not consistent with the ordinary course of the Company’s

business, and precluding Respondents from interfering with GUPTA’S authority as Manager

under the Company’s Amended and Restated Operating Agreement (“OA”), and removing

SILVERMAN from the Company Board because he was illegally placed on the Board without

any authority under the OA.

Causes of Action

1. Interim Relief in Aid of Arbitration

2. Breach of Contract

3. For Breach of Fiduciary Duty

4. Equitable Accounting

Case Complaint Summary

This complaint is a legal action filed by Siddarth Gupta and Linsay Villareal against Jeffrey Schultz, Gregory Tannor, Sam Phelps, Flowerhouse NY LLC, Michael Silverman, and NY Farm Holdco LLC. The petition seeks a provisional order in aid of arb…...

Parties

Plaintiffs

Linsay Villareal
Siddarth Gupta

Attorneys for Plaintiffs

Abraham, Don

Defendants

Flowerhouse Ny Llc
Gregory Tannor
Jeffrey Schultz
Michael Silverman
Ny Farm Holdco Llc
Sam Phelps

Case Events

Type Description
Docket Event STIPULATION - DISCONTINUANCE (POST RJI)
Without Prejudice
Docket Event EXHIBIT(S) - B-1
Amended and Restated Operating Agreement dated December 22, 2022
Docket Event MEMORANDUM OF LAW IN SUPPORT
Docket Event RJI -RE: OTHER
Interim Relief in Aid of Arbitration
Docket Event EXHIBIT(S) - A
Operating Agreement dated February 1, 2022
Docket Event EXHIBIT(S) - B-2
Signature page of Amended and Restated Operating Agreement dated December 22, 2022
Docket Event EXHIBIT(S) - E
Purported written consent dated June 30, 2023
Docket Event EXHIBIT(S) - F
Text message dated July 23, 2023
Docket Event ADDENDUM - COMMERCIAL DIVISION (840C)
Docket Event EXHIBIT(S) - D
Purported company notice letter dated January 17, 2024
Docket Event PETITION
Docket Event EXHIBIT(S) - C
Purported corporate resolution
Docket Event AFFIDAVIT OR AFFIRMATION IN SUPPORT OF PROPOSED OSC/EXPARTE APP
Emergency Affirmation in Support of Petitioners' Order to Show Cause
Docket Event ORDER ( PROPOSED )
Docket Event AFFIDAVIT OR AFFIRMATION IN SUPPORT OF PROPOSED OSC/EXPARTE APP
Affirmation of Siddarth Gupta in Support of Order to Show Cause

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