Case Result
$1.5M
Complex Business Litigation
2020
Aventura, FL
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Case Details
Summary judgment obtained for a Florida-based investor (Avemar 2318 Corp.) against Prodigy Network, LLC, a crowdfunding investment fund, regarding the right to redeem a $1.5 million investment plus interest in a real estate project.
Additional Notes
New York Supreme Court agreed with Avemar's argument regarding 'suspension of dealings' clause in investment documents. Case Index No. 655357/2019.