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PRIESTLEY v. PANMEDIX INC.

No. 13 Civ. 4755(PAE).

18 F.Supp.3d 486 (2014)

Katherine PRIESTLEY, Petitioner, v. PANMEDIX INC.; Parmedix Inc.; Electronic Knowledge Publishing, Inc.; Cognition Pharmaceuticals, LLC; McDonald Comrie; David Erlanger; Phillip Yee; Ballon, Stoll, Bader & Nadler, PC; Halket Weitz LLP; Curtis Comrie; Roberta Comrie; Mary Erlanger; Darin Kaplan; Richard Peck; Linda Bierer; Tara MacLeod; Melvin Heller; John Theodoracopulos; Alexis Theodoracopulos; Stephanie Park; Nicole Kaplan; Little Rock, Ltd.; Tanya Kaushik; Mabel Truesdell; Relide Realty Co.; Denlow Private Trustco, Ltd.; and Ross Youngman, Respondents.

United States District Court, S.D. New York.

Signed May 1, 2014.

Attorney(s) appearing for the Case

Jay Edmond Russ, Russ & Russ P.C., Massapequa, NY, for Plaintiff.

Dwight Yellen, Michelle Anne Mandelstein, Ballon Stoll Bader & Nadler, P.C., New York, NY, for Defendants.

Daniel P. Rosenthal, Russ & Russ, P.C., Massapequa, NY, for Plaintiff/Defendants.

OPINION & ORDER

PAUL A. ENGELMAYER, District Judge:

Katherine Priestley, a judgment creditor of Panmedix, Inc. ("Panmedix"), seeks in this lawsuit to set aside as fraudulent a "Security Agreement" that Panmedix entered into with a group of its creditors (the "Respondent Creditors"),1 which if not set aside would be superior to Priestley's own security interest in certain assets of Panmedix. The Respondent Creditors...

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