Swig Associates Can't Dodge Suit Over NYC Condo Project

Law360, New York (December 10, 2013, 8:23 PM EST) -- A New York state judge on Thursday refused to grant summary judgment to associates of real estate mogul Kent Swig on claims that they conspired to fraudulently receive profits from a sale of a condominium conversion project in New York City that he allegedly diverted from his co-developers.

New York County Supreme Court Judge Marcy S. Friedman denied Yair Levy's and Charles Dayan's motions for summary judgment over claims that distributions Swig had transferred to them and their wholly owned corporations were fraudulent. The judge further...
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