A specialty finance company is hailing a federal judge’s denial of class certification in a lawsuit against it as a victory for condo and homeowners’ associations looking to have new buyers cover delinquent assessments.
But eagle-eyed lawyers, like board-certified real estate attorney Michael Gelfand and Haber Slade managing shareholder David Haber, say the denial was procedural and will likely have little effect on association debt-collection efforts.
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