Benjamin Tracy
April 04, 2024 | New York Law Journal
Appellate Division Clarifies RPAPL §881 Reimbursement ObligationsA discussion of 1643 First LLC v. 1645 1st Ave. LLC, issued by the Appellate Division, First Department which attempts to reconcile conflicting decisions about a petitioner's obligation to reimburse a respondent's professional fees in a proceeding held pursuant to Section 881 of the RPAPL. The article analyzes the history of these fees including when they are needed and how counsel can avoid a trial court denying a professional fee reimbursement request.
By Benjamin Tracy
7 minute read
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