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TAXI MEDALLION LOAN TRUST III v. BROWN EYES CAB CORP.

Index No. 652163/21, Appeal No. 16125-16125A, Case Nos. 2021-04240, 2022-00624.

206 A.D.3d 486 (2022)

168 N.Y.S.3d 311

2022 NY Slip Op 03879

Taxi Medallion Loan Trust III et al., Appellants, v. Brown Eyes Cab Corp. et al., Respondents, et al., Defendants.

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

Decided June 14, 2022.

Attorney(s) appearing for the Case

Vedder Price P.C., New York (Daniel C. Green, of counsel) for appellants.

Fox Rothschild LLP, New York (Brett A. Berman, of counsel) for respondents.

Concur—Webber, J.P., Gesmer, Oing, Singh, Kennedy, JJ.

Plaintiffs made a showing that the out-of-state defendants were transacting business within the state, as is necessary to establish personal jurisdiction under CPLR 302(a)(1). The relevant settlement agreements signed by the borrowers and by the guarantors of the loans explicitly state that they were negotiated, executed, and delivered in New York (see George Reiner & Co. v Schwartz, 41 N.Y.2d 648, 652 [1977]; Kleinfeld v...

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