The purpose of a preliminary injunction is to maintain the status quo and prevent the dissipation of property that could render a judgment ineffectual. In order to establish the right to a preliminary injunction, the movant must demonstrate (1) the likelihood of success on the merits; (2) irreparable injury absent the injunction; and (3) that the equities balance in the movant's favor. The decision to grant or deny provisional relief is committed to the sound discretion of the Supreme Court.
17455 128 Ave., Inc. v.HSBC Bank USA, N.A., NY Slip Op 03022 (2d Dep't June 5, 2024
