Woods Wins Ruling in Dispute Concerning Cannabis License

By James Woods
Managing Partner

New York City, NY (Law Firm Newswire) May 04, 2022 – On April 29, 2022, after three days of testimony in Supreme Court, New York County, the Court in EPMMNY LLC v. NYCANNA LLC et al., Index No. 655480/2018, decided the issue of whether plaintiff EPMMNY LLC had capacity to initiate the November 2, 2018 lawsuit against Acreage et al. The Honorable Andrea Masley decided in favor of EPMMNY LLC, permitting the action to proceed.

The litigation involves a corporate dispute as to an ownership interest in a New York State cannabis license, which is purportedly valued in excess of $200 million. The Court held the evidence established the lawsuit was duly authorized by David Feder, a majority member in interest of the plaintiff company. Plaintiff’s counsel, James Woods of Woods Lonergan PLLC, handled the hearing and advised that their client stands ready to move forward with this litigation and vigorously pursue its claims.

Contact:

Woods Lonergan PLLC
280 Madison Avenue, Suite 300
New York, NY 10016
(212) 684-2500

About the Author

James Woods, Managing Partner of Woods Lonergan, holds more than 25 years of experience in corporate, real estate, and business legal matters. His expertise in handling negotiations, litigation, jury trials, and all forms of alternative dispute resolution spans multiple areas, including corporate, real estate, and commercial litigation. James actively represents dozens of Cooperative and Condominium Boards and serves as counsel to many Corporate Boards. Prior to founding the firm, James proudly served as an Assistant District Attorney for Nassau County and handled both jury and bench trials. With experience that also covers sophisticated transactions and complex acquisitions, James also serves as counsel to several domestic companies in a range of industries and commercial arenas, including real estate, insurance, banking, transportation, and construction. If you have any questions about this article you can contact attorney James Woods through his biography page.