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NextGear Capital, Inc. v. Tristate Auto Serv. Ctr.

United States District Court, E.D. New York
Jan 11, 2024
23-CV-9458 (FB) (E.D.N.Y. Jan. 11, 2024)

Opinion

23-CV-9458 (FB)

01-11-2024

NEXTGEAR CAPITAL, INC.; MANHEIM REMARKETING, INC. d/b/a MANHEIM PENNSYLVANIA, Plaintiffs, v. TRISTATE AUTO SERVICE CENTER, INC.; and ZU JI GAO Defendants.

Appearances: For the Plaintiff: NICHOLAS GAUNCE Eckert Seamans Cherin & Mellott LLC


Appearances:

For the Plaintiff:

NICHOLAS GAUNCE

Eckert Seamans Cherin & Mellott LLC

MEMORANDUM AND ORDER

FREDERIC BLOCK, SENIOR UNITED STATES DISTRICT JUDGE

Plaintiffs' motion for preliminary injunction has been granted. Based on the documents that the Plaintiffs have submitted, the Court is satisfied that Plaintiffs have made a sufficient showing of a likelihood of success on the merits and irreparable harm in the absence of the injunction. See Virgin Enterprises Ltd. v. Nawab, 335 F.3d 141, 145 (2d Cir. 2003) (stating preliminary injunction elements). Specifically, Plaintiffs have produced documents establishing that the subject vehicles are at risk of dispersal and Defendants' bank records. Accordingly, Plaintiffs have made a sufficient showing of irreparable harm by establishing that it is a secured creditor and that its collateral is at risk of further dissipation and may not otherwise be collectable.

The Court hereby grants Plaintiffs' motion for preliminary injunction pursuant to Fed. R. Civ. 65(a). It is ordered that:

- Plaintiffs are authorized to take possession of the 24 subject automobiles identified in the attached Exhibits A and B;
- Defendant Tristate is restrained, enjoined, and prohibited from interfering with Plaintiffs' seizure of the 24 subject vehicles; and
- Plaintiffs' and Defendant Tristate' respective employees, servants, agents, representatives, attorneys, affiliates, subsidiaries and all other persons acting on behalf of or in concert with defendants, either individually or jointly, shall be and hereby are restrained, enjoined and prohibited from directly or indirectly removing, transferring dismantling, damaging, selling, renting, pledging, assigning, encumbering, secreting, concealing, transporting or otherwise disposing of the vehicles identified in Exhibits
“A” and “B” attached hereto until further Court order.

SO ORDERED.


Summaries of

NextGear Capital, Inc. v. Tristate Auto Serv. Ctr.

United States District Court, E.D. New York
Jan 11, 2024
23-CV-9458 (FB) (E.D.N.Y. Jan. 11, 2024)
Case details for

NextGear Capital, Inc. v. Tristate Auto Serv. Ctr.

Case Details

Full title:NEXTGEAR CAPITAL, INC.; MANHEIM REMARKETING, INC. d/b/a MANHEIM…

Court:United States District Court, E.D. New York

Date published: Jan 11, 2024

Citations

23-CV-9458 (FB) (E.D.N.Y. Jan. 11, 2024)