Show Me the Money: The Commercial Division's Monetary Threshold for Cases Seeking Equitable or Declaratory Relief

Until recently, the Rules of the Commercial Division of the Supreme Court of New York exempted cases principally seeking equitable or declaratory relief from the monetary threshold requirement. Partners Lara Flath and Julie Cohen and associates Kelly Guerin and Eleni Pappas discuss the recent amendments to the New York Commercial Division’s jurisdictional requirements, specifically the new monetary threshold for cases seeking equitable or declaratory relief, and provide guidance for practitioners navigating these changes.