Joel David Sharrow had been a partner at Moses & Singer from 1994 to 2006. He now is of counsel to the firm. He has extensive experience in the enforcement of creditors’ rights and the representation of institutions and individuals in the fields of creditors’ rights, real estate, banking and financing transactions. Mr. Sharrow has appeared on behalf of many of the largest banking institutions in the country and has represented book publishers in several litigations.
Mr. Sharrow was the lead counsel representing the residential cooperative’s board of directors in
Levandusky v. One Fifth Avenue Apt. Corp., which established an analog to the “Business Judgment Rule” to be applied when reviewing the actions of its board of directors; and, the lead counsel on the lender’s behalf in
Bankers Trust Company v. Board of Managers of Park 900 Condominium, in which the Court held that, in a residential condominium, a first mortgage of record has priority over subsequently recorded liens for unpaid common charges. Mr. Sharrow also was the lead counsel for the bank, in
European American Bank v. Village Square Associates, L.P., in which case a series of different loans were consolidated and foreclosed as a single mortgage loan.
Mr. Sharrow also represents individuals in the resolution of disputes involving real estate, general commercial matters, and matrimonial and family law issues.
A few representative matters that Mr. Sharrow has handled include:
- Lead counsel for an estate's heirs in Yannitelli v. D. Yannitelli & Sons, Inc., where the Appellate Division affirmed an Order compelling the heirs' counsel to turn over all of the proceeds of a wrongful death action, forfeiting a sizable contingency fee due to violations of the Code of Professional Responsibility, and foregoing 2/3 of claimed disbursements on the grounds of unsubstantiated, exaggeration or legally not chargeable to the heirs.
- Lead counsel for a confirming bank in Woodhouse, Drake & Carey v. P.T. Djudjur Jakarta, N.Y. Co. Clerk's Index No. 28399/86, successfully applying the tolling doctorine of First Nat'l Stores v. Yellowstone Shopping Center, 21 NY2d 630 (1968), to toll expiration of a cure period to correct defects in documents presented under the UC & P in an action seeking final payment under a letter of credit.
- Lead counsel for the lender in European American Bank v. Romex Diamonds, N.Y. Co. Clerk's Index No. 23815/85, applying for, obtaining and executing upon an ex parte order of seizure in just five (5) hours.