Nikolas S. Komyati

Principal

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Nikolas S. Komyati
Nikolas S. Komyati

“In every challenging environment, there is a new opportunity.  We understand that concept as a firm and as it relates to our individual practices.”

Nik Komyati has developed a diverse catalog of strengths.  In his securities and arbitration practices, he represents investment banks, broker-dealers, hedge funds and other financial institutions in complex matters, for which he has gained a reputation for success.  Clients retain Nik because he understands the intricacies of private equity transactions, hedge fund transactions and redemptions, complex securities transactions, and the sales of restricted securities under Rule 144 and FINRA arbitrations.

Nik’s commercial litigation experience includes, among other things, his bankruptcy and creditors’ rights practice.  Nik provides counsel for financial institutions, creditors, insurers, real estate managers and contractors.  For these clients, he handles bankruptcy proceedings including affirmatively representing creditors’ rights and defending adversary proceedings.  Nik also handles contractual disputes, internet defamation matters and general commercial litigation.

Nik has successfully defended numerous FINRA arbitrations, receiving dismissal of all claims against the firm’s clients.  He has also successfully petitioned for the expungement of various matters from financial advisors’ Form U-4 and U-5s.

In addition to his practice, Nik is active in numerous legal industry organizations.  He is a member of the New York State Bar Association, New Jersey State Bar Association and the Morris County Bar Association.

  • In a recent matter, Nik represented a creditor and party to a debtor’s bankruptcy proceeding in Florida. The debtor breached a settlement agreement with approximately $270,000 in payments remaining and despite having $1.5 million in assets, which he argued were shielded from collection.  The Trustee agreed with the Debtor and attempted to settle the claims for a de minimus amount with the Debtor.  Nik challenged the settlement.  At trial, Nik successfully argued that the assets were shielded essentially through fraud and the Judge agreed, finding that the settlement was not in the best interest of the creditors and that there was an indicia of fraud. This led to the client receiving a much larger settlement of $520,000.
  • A New Jersey corporate client recently relied on Nik to represent them in a case involving internet defamation. Nik successfully argued that New Jersey had jurisdiction over California residents who defamed our client via the internet.  He convinced the court that electronic messages specifically targeting our client and attacking the client’s IP address were contacts with New Jersey significant enough for the court to have personal jurisdiction over the defendants. This matter was thereafter favorably resolved for the client with permanent restraints against the defendants.
  • Nik also successfully argued an Order to Show Cause against a company that was breaching its contractual obligations to issue stock to a client.  As part of the equitable relief received, the Judge ordered that the company could not issue stock to anyone until it issued stock to the client (in accordance with its contractual obligations).  This order essentially stopped the company’s ability to operate, causing the company to immediately capitulate and issue the requisite stock to the client.
  • Recognized on the Super Lawyers "Rising Stars" List, 2009-2017