Richard Y. Im concentrates his practice in commercial litigation with an emphasis on real estate and product liability litigation. Richard has extensive experience litigating commercial real estate matters, including title issues, contract and joint venture disputes, construction claims, Lien Law issues, brokerage matters, and real estate workouts and foreclosures. He also defends manufacturers in complex product liability claims.
Richard received his law degree from St. John's University School of Law and his bachelors degree from Boston University. While at St. John's, Richard was an Articles and Notes Editor of the St. John's Law Review and served as a judicial intern for Judge Robert P. Patterson, Jr. in the Southern District of New York, and Judge Frank X. Altimari in the Court of Appeals for the Second Circuit.
Memberships & Associations
Association of the Bar of the City of New York
Asian American Bar Association of New York
Matters
Ongoing
Mercedes Benz USA and Mercedes Benz Manhattan - Various
Representation of Mercedes Benz USA and Mercedes Benz Manhattan in cases involving products manufactured and sold by the companies, as well as in commercial matters, including lemon law claims, construction contract disputes, antitrust matters and employment claims.
Ongoing
Estate of Lea Bondi Jaray - "Portrait of Wally" Restitution
After over ten years of litigation, our client, the Estate of Lea Bondi Jaray, achieved a very favorable settlement in the case of United States v. Portrait of Wally, which has been credited with being one of the first to focus the world's attention on the problem of Nazi-looted art. Egon Schiele's Portrait of Wally was stolen in the late 1930's from Lea Bondi Jaray, a Jewish art dealer and collector, by a Nazi agent. The settlement compensates the heirs for the true value of the painting-$19 million-and provides for permanent signage acknowledging the painting's true provenance to be placed next to the painting after it is returned to the Leopold Museum in Vienna.
Ongoing
The Goodyear Tire & Rubber Company - Product Liability Litigation
Representation of Goodyear in product liability matters involving tires, rims, hoses, inflation tools, roofing products, retail stores and related real estate issues.
2007
Iqbal v. Five M. LLC - Finger Building Dispute
Representation of Iqbal LLC in a hard-fought and much-publicized battle between developers over the controversial "Finger Building" in Williamsburg, Brooklyn. Herrick won a decisive victory, forcing the defendants to reduce the size of their proposed building by six stories in height -- a major victory that tipped the balance in that litigation. (Iqbal v. Five M. LLC (Slip Op. Kings Co. 2007))
2006
Developer - Discrimination Claim
Representation of a real estate developer and general contractor in an action by a minority subcontractor pursuing multi-million dollar discrimination and breach of contract claims. All claims were dismissed after a two week jury trial in the United States District Court for the Southern District of New York.
2002
United States Fidelity and Guaranty v. Madison Financial - Defeat of Class Action
Representation of a financial institution in fending off an attempt by a surety to turn a simple lien law claim into a class-action lawsuit. (United States Fidelity and Guaranty v. Madison Financial, 2002 U.S.Dist. Lexis 23374 (S.D.N.Y. 2002))
Publications
Ex-Parte Interviews of Former Employees: The Product Memo That Never Goes Away
December 2010
Alan D. Kaplan, Richard Y. Im
LJN's Product Liability
Alan Kaplan and Richard Im co-authored the article "Ex-Parte Interviews of Former Employees: The Product Memo that Never Goes Away" which discusses the issues associated with ex-parte interviews of a company's former employee.
Tort Law Desk Reference: A Fifty-State Compendium
2000-2013
Susan T. Dwyer, Richard Y. Im
Aspen Law and Business
Susan Dwyer and Richard Im update the New York Chapter of "Tort Law Desk Reference: A Fifty-State Compendium."
Business Torts: A Fifty-State Guide
2005-2013
Richard Y. Im, David Feuerstein, Susan T. Dwyer
Aspen Law and Business
Susan Dwyer, Richard Im and David Feuerstein update the New York Chapter of "Business Torts: A Fifty-State Guide."