Charges from the Office of the New York State Attorney General, claiming that the artistic director of a 75-year-old dance troupe engaged in self-dealing in loaning his group money at above market interest rates and receiving payments to cover his personal expenses, must go to trial, a state judge has ruled.
In denying a motion from the leader of the troupe, Rick Schussel, for summary judgment dismissing the suit, Acting Supreme Court Justice Judith S. Gische of Manhattan wrote that Schussel, who is also a member of the troupe’s board, had failed to present evidence that he had lent money to the group at a rate that was “fair and reasonable.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]