Acme American Repairs, Inc. et al v. Katzenberg et al

Filing 302

MEMORANDUM AND ORDER re: 269 281 290 294 298 : For the reasons set forth in the attached Memorandum and Order, defendant Katzenberg's motions for summary judgment in the related 2003 and 2014 actions are denied, as is his motion for injunctive relief in the 2014 action. Ordered by Judge Roslynn R. Mauskopf on 9/30/2015. (Mauskopf, Roslynn)

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF NEW YORK
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ACME AMERICAN REPAIRS, INC.; ACME
AMERICAN ENVIRONMENTAL CO., INC.;
ACME COMMERCIAL KITCHEN DESIGN,
INC.; ACME AMERICAN REFRIGERATION,
INC.; ACME PACIFIC REPAIRS, INC.; BANA
PARTS, INC.; and BANA COMMERICAL
KITCHEN, INC.,
Plaintiffs,
MEMORANDUM & ORDER
03-CV-4740 (RRM)(SMG)

- against HARVEY KATZENBERG and PEARL
KATZENBERG, f/k/a PEARL FEUER,
Defendants.
---------------------------------------------------------------X
---------------------------------------------------------------X
HARVEY KATZENBERG, individually and
derivatively as a shareholder of and on
behalf of Acme American Repairs, Inc.,
Plaintiff,
- against -

14-CV-5515 (RRM)(SMG)

BIRINDER MADAN,
Defendants.
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ROSLYNN R. MAUSKOPF, United States District Judge.
BACKGROUND
Before the Court are pending motions for summary judgment in each of the abovecaptioned actions.1 The Court presumes the parties’ familiarity with these actions, which
constitute two of the myriad lawsuits filed between these and related parties both in federal and

1

Also pending in the 2014 action is a request by Katzenberg for preliminary restraint of assets ostensibly controlled
by Madan.
1

state courts over more than a decade, all arising out of the parties’ relationships to the
interrelated “Acme Companies” and others.
In brief, the 2003 action is predicated upon an alleged scheme by former Acme
employees to defraud certain non-party insurance carriers. The Acme Plaintiffs seek to recover
damages allegedly done to the Acme companies through that scheme – a scheme which they
claim was orchestrated exclusively by former Acme corporate officers (and now husband and
wife), Harvey and Pearl Katzenberg.2
The 2014 action is a derivative action brought by Harvey Katzenberg, principally seeking
to undo the “sale” of a building located at 99 Scott Avenue in Brooklyn by Acme American
Repairs, Inc. through one of its principals, Birindir Madan, to Gholis of Brooklyn Corp., on or
about May 21, 2013.3 As Katzenberg alleges in his Complaint, Gholis is an entity controlled by
Madan, and the transfer was made for nominal consideration. In so doing, Katzenberg claims,
Madan breached his fiduciary duty to Acme Repairs. Katzenberg seeks to vindicate the rights of
all shareholders of Acme Repairs through the 2014 derivative action, brought pursuant to Fed. R.
Civ. P. 23.1. He claims to be a shareholder of Acme Repairs at the time the 2014 action was
filed on September 19, 2014, or in the alternative, claims to have a sufficient interest in Acme
American to bring such derivative action.
1. Katzenberg’s Ownership of Acme Stock and the Default Judgment Action Before
Justice Grays

2

Following this Court’s decision on the parties’ cross-motions for summary judgment, state law claims of fraud and
breach of fiduciary duty against the Katzenbergs remain, subject to the common law defense of in pari delicto. See
Acme American Repairs, Inc. et al. v. Katzenberg et al., 2010 U.S. Dist LEXIS 100803 (E.D.N.Y. September 24,
2010).
3
In the 2014 action, Katzenberg also seeks injunctive relief to compel Acme American to require his signature on
all corporate checks, ostensibly based on an allegation that Acme was further “looted” through credit card purchases
and other unwarranted expenses. Though he attaches to his motion a plethora of receipts and credit card records, he
provides not one shred of argument in support of such relief in his papers.
2

However, central to both summary judgment motions is the question of Katzenberg’s
relationship to Acme Repairs, raising a legal issue that has been hotly contested by the parties
here, and in related state court litigation. In brief, the relevant circumstances are as follows, and
are not in dispute.
On or about March 21, 2001, Katzenberg, at the time the owner of 50% of the issued and
outstanding shares of Acme Repairs, sold that entire interest to one Derval Lazarri, another key
employee of the Acme Companies. See Promissory Note and Security and Pledge Agreement,
Doc. No. 20-3. Madan owned then, and continues to own today, the remaining 50% of the
issued and outstanding shares of Acme Repairs. In and around August 2013, Lazarri defaulted
on his obligations to Katzenberg.4
December 4, 2013, upon termination of all relevant periods in which Lazarri could cure
his default, Katzenberg filed an action in the Supreme Court of the State of New York, County of
Queens against Lazarri for breach of the terms of the Promissory Note and Stock Purchase
Agreement, and seeking a judgment to retain all monies paid by Lazarri to date and to reacquire
ownership of the shares of Acme that Lazarri had purchased. See Katzenberg v. Lazarri, Index
No. 705665/2013. (“Lazarri Default Action.”) The matter was and still is assigned to the
Honorable Marguerite A. Grays.
Lazarri defaulted in that action, and Katzenberg moved for default judgment, which
Justice Grays decided in a written opinion signed on June 16, 2014 and filed on July 2, 2014.
See Doc. No. 294-1 (2003 action). (hereinafter “Default Opinion”). The brief memorandum
simply noted that plaintiff had made out a prima facie case, which shifted the burden to Lazarri

4

Lazarri was indicted in the Southern District of New York on September 11, 2014 for Wire Fraud and Conspiracy
in connection with submitting over $1 million in fraudulent invoices to the New York City Department of Education
for parts, equipment and services that were never provided. See U.S. v. Lazarri, Ind. No. 14-CR-616, Doc. No. 2016.
3

to establish a triable issue of fact, a burden not met because Lazarri failed to oppose the motion.
Id. Justice Grays granted the unopposed motion, and directed the parties to “Settle Judgment.”
Id. 5
Judgment did not enter until April 23, 2015, nearly nine months after Justice Grays’
Default Opinion. In it, Justice Grays declared that Katzenberg is the owner of specific
percentages of the issued and outstanding shares of several of the Acme Companies, including
50% of the shares of Acme Repairs. She also ordered Acme Repairs to “immediately issue one
or more stock certificates to Katzenberg reflecting that he is the owner of 50% (Fifty per cent) of
the issued and outstanding stock thereof.” See Doc. No. 294-1 (2003 action).
Katzenberg took no action in state court to expedite the entry of judgment during the
period between Justice Grays’ Default Opinion and her entry of judgment.6 Instead, Katzenberg
took steps in this court: he filed motions for summary judgment in both the 2003 and 2014
actions, the very motions that are now before this Court. Central to both motions is Katzenberg’s
status as a shareholder of Acme.
2. The Instant Motions for Summary Judgment
The motion in the 2003 action was filed on February 24, 2015 and seeks summary
judgment on Katzenberg’s First Counterclaim. Notably, the counter-claim seeks the very relief,
and for the very reasons, that had already been litigated before Justice Grays, and was to be
awarded upon the settlement of judgment that Justice Grays then had under submission.7 Now
that Justice Grays has issued her judgment awarding the shares to Katzenberg, Katzenberg has
5

The Acme Companies sought leave to intervene in this action in an attempt to prevent Katzenberg from reclaiming
ownership of the shares sold to Lazarri. That motion was denied in a second written opinion issued by Justice Grays
on June 16, 2014. See Katzenberg v. Lazarri, Index No. 705665/2013, Order Dated June 16, 2014, Mot. Seq. No. 2.
6
He did weigh in on Acme’s further efforts to stop Justice Grays from transferring the shares from Lazarri to
Katzenberg as part of the judgment.
7
The counterclaim was filed after Katzenberg initiated the suit for default judgment against Lazarri in state court
before Justice Grays.
4

obtained a judgment for the very relief sought, and on the same grounds, as he seeks in the
summary judgment in the 2003 action presently before this Court.
The motion in the 2014 action seeks summary judgment on Katzenberg’s First Cause of
Action (and incidentally, Madan’s First, Second and Third Affirmative Defenses). This cause of
action as pled alleges a breach of fiduciary duty in the transfer to Gholis of the 99 Scott Avenue
property. See Compl., Doc. No. 1 at ¶¶ 32-36. The summary judgment motion sets forth as the
basis of the motion two transfers of the property: the Gholis transaction, on May 21, 2013, and a
second to Bushwack 10 LLC on December 19, 2014, an innocent third purchaser for value, who
paid in excess of $8 million for the property. In addition, after full briefing on summary
judgment, Katzenberg learned that Gholis attempted to sell the property to another entity, Scott
Randolph LLC., which entity placed an $832,500 deposit on the transaction. That contract
deposit is now the subject of litigation between the parties, and Katzenberg now claims that he is
entitled to reach that deposit on the instant summary judgment motion. See Ltr. of Mark L.
Kalish, May 18, 2015, Doc. No. 48. As discussed more fully below, there are no allegations in
the Complaint regarding the Bushwack or Scott Randolph transactions, and Katzenberg has not
sought to amend.
3. Actions Subsequent to the Filing of the Instant Motions
To close the loop, there are additional developments that merit mention as they impact
the posture and the substance of those motions, some which occurred after the filing of the
instant motions, and some after the filing of the instant litigation. The Court begins with relevant
developments in state court.
First, despite Justice Grays judgment ordering Acme to re-issue the shares to Katzenberg,
Acme has failed to so do. This has prompted Katzenberg to seek an order of contempt against

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Acme in the Lazarri default litigation before Justice Grays. Second, Katzenberg, claiming to be
a shareholder, has filed a new action, also pending before Justice Grays, seeking to dissolve
Acme Repairs. See Katzenberg v. Acme American Repairs Inc., Index. No. 706716/2015.8
Third, Madan and the Acme Companies have filed an action against Lazarri, seeking, inter alia,
a declaration that Justice Grays order transferring the stock back to Katzenberg without Madan’s
consent as the second shareholder violates the terms of Acme’s Stockholders Agreement and
further restrictions on transfer of Acme stock agreed to by Lazarri and Madan.9 See Madan et al
v. Lazarri, Index No. 704356/2015 (N.Y. Supreme Ct., Queens County) (Purificacion, J.,
presiding).
There have been developments and new issues raised in this Court as well. First, Acme
seeks to move to dismiss the First Counterclaim in the 2003 action, claiming that there is no live
controversy now that Katzenberg has obtained the relief sought on the counterclaim in the
Lazarri Default Action. See Ltr. of Mikhail Ratner, May 11, 2015 at Doc. No. 298. Second,
Acme seeks to disqualify counsel for Katzenberg, the law firm of Moss and Kalish, in both
actions, based on the firm’s representation of one Greg Rowehl, the president of Commercial
Kitchen Design (“CKD”), another company closely affiliated with the Acme Companies.
According to Acme, “Mr. Rowehl was one of the first, if not the first, at the Acme companies to
uncover and expose Mr. Katzenberg’s massive fraud, which is at the center of these disputes [the
2003 and 2014 actions]. In the course of his involvement in the aforementioned disputes, Mr.
Rowehl was privy to highly confidential and privileged information that involved these lawsuits

8

The action was originally filed in New York County under Index No. 651197/2015 and transferred to Queens, and
to Justice Grays, following a successful motion to change venue by Acme.
9
Indeed, these were the very claims Acme attempted to assert in its motion to intervene in the Lazarri default
judgment action before Justice Grays. In addition, Acme is appealing the denial of the motion for intervention,
asserting, among others, these same grounds.
6

and the Acme companies. See Ltr. Mikhail Ratner, April 17, 2015, Doc. No. 290 (2003 action).
While Katzenberg’s counsel denies any conflict, the issue remains open.
Against this complex and lengthy history, the Court turns to the motions at hand. For
myriad reasons, Katzenberg’s motions for summary judgment fail.
DISCUSSION
Summary judgment is appropriate when the pleadings, depositions, interrogatories,
admissions, and affidavits demonstrate that there are no issues of material fact in dispute and that
one party is entitled judgment as a matter of law. See Fed. R. Civ. P. 56(c); Celotex Corp. v.
Catrett, 477 U.S. 317, 322 (1986). A genuine issue of material fact exists “if the evidence is
such that a reasonable jury could return a verdict for the nonmoving party.” Anderson v. Liberty
Lobby, Inc., 477 U.S. 242, 248 (1986).
In determining whether a genuine issue of material fact exists, the evidence of the nonmovant “is to be believed” and the court must draw all “justifiable” or “reasonable” inferences in
favor of the non-moving party. Id. at 255 (citing Adickes v. S.H. Kress & Co., 398 U.S. 144,
158-59 (1970)); Brosseau v. Haugen, 543 U.S. 194, 195 n.1 (2004). Nevertheless, once the
moving party has shown that there is no genuine issue as to any material fact and that it is
entitled to a judgment as a matter of law, “the nonmoving party must come forward with
‘specific facts showing that there is a genuine issue for trial,’” Matsushita Elec. Indus. Co., Ltd.
v. Zenith Radio Corp., 475 U.S. 574, 587 (1986) (quoting Fed. R. Civ. P. 56(e)) (emphasis in
original), and “may not rely on conclusory allegations or unsubstantiated speculation,” Scotto v.
Almenas, 143 F.3d 105, 114 (2d Cir. 1998) (citing cases). In other words, the nonmovant must
offer “concrete evidence from which a reasonable juror could return a verdict in his favor.”
Anderson, 477 U.S. at 256. Where “the nonmoving party bears the burden of proof at trial,

7

summary judgment is warranted if the non-movant fails to make a showing sufficient to establish
the existence of an element essential to [its] case.” Nebraska v. Wyoming, 507 U.S. 584, 590
(1993) (quoting Celotex, 477 U.S. at 322) (internal quotation marks omitted) (alteration in
original). Thus, “[a] defendant moving for summary judgment must prevail if the plaintiff fails
to come forward with enough evidence to create a genuine factual issue to be tried with respect
to an element essential to its case.” Allen v. Cuomo, 100 F.3d 253, 258 (2d Cir. 1996) (citing
Anderson, 477 U.S. at 247-48).
1. The Motion in the 2003 Action
Katzenberg’s motion for summary judgment fails for several reasons. In the first
instance, Katzenberg claims he is entitled to summary judgment on his first counterclaim and “to
have the shares issued by virtue of the decision rendered by Justice Marguerite Grays on June 16,
2014 in the Supreme Court of the State of New York, County of Queens, which declared
Katzenberg to be the owner of these shares.” Pl. Mem. in Support, Doc. No. 281-8 at 1-2. And
in the same breath, he acknowledges: “We recognize that the order issued by Justice Grays
declaring Katzenberg to be the rightful owner of the stock is not yet a judgment.” Id. at 4. Thus,
this counterclaim fundamentally seeks to enforce an action of a state court judge, not even a
binding judgment. Katzenberg cites no legal mechanism or authority to so do, and his motion
fails on this ground alone. Moreover, the relief requested is nothing short of an end run around
Justice Grays. Such intervention by a federal court, particularly in the midst of Justice Grays’
efforts to settle judgment on her Default Opinion, invoke similar sound principles of comity that
augur in favor of abstention. See Younger v. Harris, 401 U.S. 37 (1971); Colorado River Water
Cons. Dist. V. United States, 424 U.S. 800 (1976).

8

Perhaps these reasons are why Katzenberg argues in the alternative that this Court should
“evaluate the merits of this application independent of Justice Grays’ ruling ….” Pl. Mem. in
Support at 5. Yet, the “application” on which he seeks this Court’s ruling is a breach of contract
action against Lazarri, who is not a party to the 2003 action, nor is such action pled in the
counterclaim on which Katzenberg seeks summary judgment. This alone is fatal to his motion.
Moreover, in his motion, Katzenberg sets forth no facts from which this Court could evaluate
Lazarri’s breach of contract, other than the operative Promissory Note and Stock Purchase
Agreement, nor does he articulate any law as to why he is entitled to judgment.10
Finally, as Acme notes in its post-briefing letter seeking to move to dismiss the First
Counterclaim, “the issues presented therein are no longer ‘live’ before this Court” now that
Justice Grays’ judgment has entered and Katzenberg has obtained the very relief it seeks on this
motion. See, e.g., Bank of China, New York Branch v. Bank of China, Hong Kong Brankch, 243
F. App’x 652, 655 (2d Cir 2007) (“In general a case becomes moot when the issues presented are
no longer live.” (citing Murphy v. Hunt, 455 U.S. 478 (1982).)11 This change in circumstances in
the Lazarri Default Action changes the entire posture of Katzenberg’s motion, which warrants
denial of summary judgment on the First Counterclaim.
2. The Motion in the 2014 Action
The Court now turns to Katzenberg’s motion for summary judgment in the 2014 action
on his derivative claim against Madan for breach of his fiduciary duty to Acme Repairs in
transferring the 99 Scott Avenue property to Gholis on or about May 21, 2013. As noted above,
10

Acme did not formally respond to the motion, but provided a letter setting forth its grounds on order of the Court.
See Doc. 281-5. While Katzenberg argues that Acme’s arguments are frivolous, Katzenberg must still set forth
sufficient facts and law when, taken in the light most favorable to Acme, warrants summary judgment in favor of
Katzenberg. He has not done so here.
11
Katzenberg never responded to this argument, despite weighing in numerous times post-briefing to amplify his
own claims, as discussed more fully below.

9

while the Complaint focuses on the transfer to Gholis, Katzenberg’s motion seeks judgment with
regard to a second transfer to Bushwack 10 LLC on December 19, 2014, an innocent third
purchaser for value, who paid in excess of $8 million for the property. This is no surprise, as
Katzenberg recognizes the difficulties he has in asserting his own standing to bring a derivative
claim under Rule 23.1, and the well-settled “contemporaneous ownership rule” which precludes
derivative claims by an individual for conduct that pre-dated their ownership of shares in the
company. See, e.g., In re Bank of New York Derivative Litig., 320 F.3d 291 (2d Cir. 2003); see
also SC Note Acquisitions, LLC v. Wells Fargo bank, N.A., 934 F. Supp. 2d 516 (E.D.N.Y.
2013), aff’d, 548 F. App’x. 741 (2d Cir. 2014). Katzenberg repeats throughout his motion that
he is a “shareholder of Acme American Repairs Inc.” But that was not the case at the time of the
Gholis transfer, as Lazarri had not yet defaulted; nor was it the case at the time of the Bushwack
10 transaction, which occurred after Justice Grays issued her Default Opinion but before
judgment entered, despite Katzenberg’s blanket assertion that he “became a shareholder as of
June 16, 2014, the date of Justice Gray’s order.” Pl. Mem. in Support at 11.
Recognizing this, Katzenberg attempts to proffer another basis for standing, arguing that
his purported status as a pledgee of Acme’s stock gives him the right to bring this derivative
claim. Id. This is an issue on which the parties spend considerable effort in their briefing. There
is some support for the notion that derivative claims may be brought by individuals, including
certain types of pledgees, who are not shareholders but who have other continuing interests in a
company’s shares sufficient to warrant protection of those interests through a derivative claim.
In re Pittsburgh & L. E. R. Co. Sec. & Antitrust Litig., 543 F.2d 1058, 1067 (3d Cir. 1976)
(recognizing an equitable interest of a pledgee of stock for purposes of a Rule 23.1 derivative
action); Jacobs v. Adams, 601 F.2d 176, 179 (5th Cir. 1979) ("it is apparent that the executors in

10

this case had the power and the right under the applicable New York law to bring the derivative
action."); Hoff v. Sprayregan, 52 F.R.D. 243, 247 (S.D.N.Y. 1971) ("While a convertible
debenture of the kind in question is obviously a hybrid, the interest of its holder in the
corporation’s stock is sufficient for our purposes to satisfy the requirement of Rule 23.1.")
But in his papers, Katzenberg fails to point specifically to any provision in the Promissory Note
or Stock Purchase Agreement, or any other documents, to suggest that he had any continuing
interest in Acme stock.

To the contrary, in the 2001 Promissory Note, Katzenberg

acknowledged that the transfer to Lazarri “constitutes an absolute sale of [Katzenberg’s] rights,
title and interest in all of [his] shares of [Acme’s] common stock” and that he “had no continuing
interest or right to any common stock [of Acme].” Promissory Note, Doc. No. 20-3 at 3.
However, this issue need not be resolved, for Katzenberg’s motion fails for other reasons.
First, there are material disputes of fact with respect to the circumstances surrounding Acme’s
acquisition of the 99 Scott Avenue property, and its transfer to Gholis.

For example,

Katzenberg’s evidence concerning these transactions is limited solely to deeds and other
documents filed on the public record with the Office of the New York City Register, among
others. From that, he attempts to paint a very straightforward picture suggesting that Madan
breached his fiduciary duty to Acme: Acme Repairs “acquired pursuant to deed” the premises
for consideration of $3.3 million, and then Gholis, an entity he alleges on information and belief
is controlled by Madan, “acquired, pursuant to deed” the premises from Acme, the consideration
for which was $10 as is set forth in the records of the City Register. This transfer for little or no
consideration to a company controlled by Madan, Katzenberg concludes, constitutes “a breach of
fiduciary duty and the wasting and looting of a major asset belonging to Acme.” Pl. Mem. in
Support at 4-5, 7. It is not surprising that Katzenberg has no personal knowledge of these

11

transactions and must resort to the public record; after all, he had sold his shares in the company
to Lazarri a decade earlier. But in opposition, Madan raises a number of material factual issues,
including a more complex series of transactions, particularly with respect to the financing both
for the acquisition of the property by Acme, and for the transfer to Gholis, transactions that
Madan asserts were on advice of counsel, approved by the company’s shareholders, and in the
interests of Acme. Katzenberg fails to rebut any of this on his reply. Katzenberg has not
submitted sufficient evidence to support his claim for breach of fiduciary duty with regard to the
Gholis transaction, particularly in light of the competing facts submitted in opposition. 12
Once again recognizing the weaknesses of his arguments with regard to the Gholis
transfer, Katzenberg claims that he is entitled to summary judgment based on the transfer in
December 2014 to Bushwack 10. He does so in an attempt to bolster his standing to bring this
derivative action, as the Bushwack transaction occurred after Judge Grays’ Default Opinion,
thereby giving Katzenberg additional support for his assertion that he is a true shareholder of
Acme.
However, Katzenberg cannot rely on the Bushwack transfer. It occurred after the filing
of the 2014 action, and Katzenberg’s Complaint is wholly devoid of any facts concerning this
transaction. Katzenberg’s First Cause of Action, the sole basis for summary judgment, is limited
to the Gholis transaction. He has not sought to amend his Complaint to add the Bushwack
transaction, and he cannot do so through his opposition papers.

See Melvin v. US Local 13

Pension Plan, 236 F.R.D. 139, 143 (W.D.N.Y. 2006). The Bushwack transaction is in no way

12

Katzenberg attempts to bolster his claim of breach of fiduciary duty against Madan by pointing to the Lazarri
indictment, and a plethora of expense records, credit card bills, and other documents that Katzenberg alleges, in
conclusory fashion, further demonstrate wasteful spending of corporate assets. But these documents do not save
Katzenberg’s First Cause of Action, which relates solely to the Gholis transfer.
12

related to the Gholis transfer. They occurred more than a year apart, under completely different
circumstances. 13 Indeed, in his motion papers, Katzenberg himself maintains:
The harm to Acme Repairs from the transfer to Gholis was temporary. The harm
to the company from this latest transfer [the Bushwack transfer] is permanent.
This latest transfer is, in fact, the core of the wrong.
Pl. Mem. in Support at 14. Though made to augment his standing argument, his words
resonate in this context as well. While the Bushwack transfer is the “core of the wrong,”
it is not the core of the claim on which he seeks summary judgment. This prong of
Katzenberg’s motion must fail as well.
3. Motion for Injunctive Relief
Katzenberg also seeks injunctive relief in the 2014 action. For the reasons herein,
Katzenberg has not demonstrated a likelihood of success on the merits, or sufficiently serious
questions going to the merits to make them a fair ground for litigation. Moore v. Consolidated
Edison Co. of New York, Inc., 409 F.3d 506, 510 (2d Cir. 2005), citing No Spray Coalition, Inc.
v. City of New York, 252 F.3d 148, 150 (2d Cir. 2001) (per curiam). Injunctive relief is,
however, Aan extraordinary and drastic remedy,@ and Aone that should not be granted unless the
movant, by a clear showing, carries the burden of persuasion.@ Mazurek v. Armstrong, 520 U.S.
968, 972 (1997) (emphasis in original omitted), quoting 11A C. Wright et al., Federal Practice
and Procedure § 2948, pp. 129B30 (2d ed. 1995). Nor has he shown irreparable harm, as he can
be recompensed with a money judgment should he prevail on his claims. Rodriguez ex rel.
Rodriguez v. DeBuono, 175 F.3d 227, 233B34 (2d Cir. 1998) (internal quotation marks omitted),
citing Bell & Howell: Mamiya Co. v. Masel Supply Co., 719 F.2d 42, 45 (2d Cir. 1983)
(AIrreparable harm is the single most important prerequisite for the issuance of a preliminary
injunction.@). As such, he is not entitled to the preliminary injunctive relief he seeks.
13

Katzenberg also acknowledges that it was made for full value.
13

CONCLUSION
For the reasons stated herein, Katzenberg’s motions for summary judgment in both the
2003 and 2014 actions are DENIED.
SO ORDERED.
Roslynn R. Mauskopf
______________________________
ROSLYNN R. MAUSKOPF
United States District Judge

Dated: Brooklyn, New York
September 30, 2015

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