In April 2025 the First Department affirmed in full the Supreme Court of the State of New York’s $1.6 billion judgment in favor of client, BML Properties, after its long-running fraud lawsuit against China Construction America Inc. arising from the development of the Bahamian luxury resort Baha Mar.
In its ruling, the court, who issued its decision just weeks after hearing arguments, said, “The evidence in the record, which was largely unrebutted, shows that CCA Construction exercised complete domination of CCA Bahamas and CSCEC Bahamas, and that the domination was used to breach the investor agreement, defraud plaintiff, and cause the collapse of Baha Mar, resulting in plaintiff’s injury.”
Partner Jacob Buchdahl argued at the appellate court on March 18, 2025 on behalf of BML Properties. Buchdahl was joined on the case by partners Stephanie Spies, Elisha Barron, and Tamar Lusztig,
