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CASITA, LP v. MAPLEWOOD EQUITY PARTNERS (OFFSHORE) LTD.

60 A.D.3d 488 (2009)

874 N.Y.S.2d 123

CASITA, LP, Respondent, v. MAPLEWOOD EQUITY PARTNERS (OFFSHORE) LTD., Appellant. (And Another Action).

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided March 12, 2009.

The court providently exercised its discretion in granting plaintiff's application for preliminary injunctive relief upon its clear showing of a likelihood of success on the merits of its claim that defendant's calls for capital contributions (capital calls) were not authorized under the controlling articles of association and subscription agreement, that plaintiff would suffer irreparable injury unless the relief sought was granted...

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