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MOELIS & CO. LLC v. OCWEN FIN. CORP.

655946/18. Appeal No. 15469-15469A. Case Nos. 2021-02171, 2021-02807.

203 A.D.3d 469 (2022)

164 N.Y.S.3d 596

2022 NY Slip Op 01422

Moelis & Company LLC, Respondent, v. Ocwen Financial Corporation, Appellant.

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

Decided March 8, 2022.

Attorney(s) appearing for the Case

Goodwin Procter LLP, Washington, DC (William M. Jay, of the Bar of the District of Columbia, admitted pro hac vice of counsel), for appellant.

Arkin Solbakken LLP, New York (Deana Davidian of counsel), for respondent.

Concur—Acosta, P.J., Renwick, Webber, Kern, Friedman, JJ.

This is a dispute between investment bank plaintiff Moelis & Company LLC (Moelis) and mortgage servicer/subservicer defendant Ocwen Financial Corporation (Ocwen) over an approximate $2.34 million Sale Transaction Fee, reimbursement of out-of-pocket expenses of $22,438.28, and attorneys' fees.

Moelis made a prima facie showing of entitlement to judgment as a matter of law with respect to the Sale Transaction Fee, out-of-pocket expenses, and attorney's fees. Prior...

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