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By Kat Black | May 24, 2024
CoStar Group and six luxury hotel chains have filed a motion to dismiss a proposed antitrust class action that claimed defendants colluded to hike hotel room prices through the shared use of data analytics.
4 minute read
By Patricia Kane | May 21, 2024
Scott Mollen discusses "1163 Manor Realty LLC v. La Catrina Mexican Restaurant Corp.," "Eleven Eleven Realty Assoc. v. Elizabeth," and "Carpenter v. Shore Towers Condominium Board of Managers."
15 minute read
By John C. Armentano | May 21, 2024
The Second Circuit's decision puts municipalities on notice that attempts to delay a zoning decision may work against them when there are religious discrimination claims at stake.
11 minute read
By Chris O'Malley | May 17, 2024
Anika Fischer is taking the legal reins of DiamondRock Hospitality, which is seeing transitions in its C-suite 20 years after its founding.
2 minute read
By Mason Lawlor | May 15, 2024
Insiders of Fang Holdings ultimately forced the company to spend around $130 million in order to acquire a 35.8% minority interest in a subsidiary, China Index Holdings, despite owning it outright just a few years earlier, according to the lawsuit.
4 minute read
By Scott Mollen | May 14, 2024
Scott Mollen discusses "JCMC W. 34 Mezz II LLC v. Penn Hotel Jr. LLC," and "214 Lafayette House LLC v. Akasa Holdings."
17 minute read
By Jeffrey B. Steiner and Megan Vallerie | May 14, 2024
A seemingly tidy and fair solution to a very complicated problem, a deed in escrow gives a borrower additional time to sell or refinance its property while still giving the lender an efficient means to obtain the property if the borrower defaults anew. This is hardly a gift in New York though, where the oft-called "deed in a box" is almost always held to be unenforceable.
6 minute read
By Colleen Murphy | May 13, 2024
"Under the Brokers Act, the parties' agreement to an independent contractor affiliation is not merely one of several factors in the analysis, as the Appellate Division viewed it to be," Justice Anne M. Patterson said. "To the contrary, if the parties have agreed in writing to a business affiliation in compliance with the Brokers Act, that agreement is dispositive."
6 minute read
By Michael A. Mora | May 13, 2024
"Justice is catching up with, 'Safe Harbor,' whose business model, as observed in the Third District opinion, is to acquire pre-existing loans and 'mine the loan histories' to 'exploit' opportunities to obtain 'retroactive default interest,'" Dennis Richard, a partner at Richard & Richard who represents the borrower, said in an email.
4 minute read
By Lisa Willis | May 10, 2024
"Plaintiff's position that she won is a delusional one," said defense attorney Herman J. Russomanno III.
4 minute read
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