By Emily Saul | January 2, 2024
Plaintiffs are represented by Eddy Salcedo and Gershon Akerman of Seyfarth Shaw, and allege at least $3.5 million in damages.
By Scott Mollen | January 2, 2024
Scott Mollen discusses "Stempeck v. Townhouse West 83rd," dealing with attorney fees, and "Coscia v. Town of Greenburgh," involving an untimely tax assessment challenge proceeding.
By Bruce J. Bergman | January 2, 2024
"It is remarkable that nuances attendant to acceleration of a mortgage debt and the running of the statute of limitations continue to arise and surprise." The recent case discussed here confirms how often foreclosing parties lose on the statute of limitations issue, calling into question the need for the remedies of FAPA.
By Justin J. Santolli, Shira Sandler and Freddy Levenson | December 28, 2023
A discussion of "Broome Lender LLC v. Empire Broome LLC," a recent decision by the Appellate Division, First Department regarding the proof that a foreclosing lender needs to establish standing following an assignment of the loan.
By Scott Mollen | December 26, 2023
Scott Mollen discusses "Besen Partners LLC v. 36 W. 128th, LLC," concerning a dispute over brokers' commission, and "201 East 164th Street Associates LLC v. Calderon," where the court found that the subject lease directly referenced a rider.
By Ezra Dyckman and Charles S. Nelson | December 26, 2023
Ezra Dyckman and Charles Nelson discuss the Inflation Reduction Act, which has expanded the scope of green energy tax credits, and also proposed regulations by the Treasury Department that have the potential to allow even taxpayers with no income tax liability to more easily monetize some of these tax credits.
By Emily Saul | December 21, 2023
Plaintiff Nelson Baker alleges that companies BLR Madison LLC and National Realty and Development Corp. withheld his $3.2 million distribution in escrow and now won't release it, the complaint states.
By Scott Mollen | December 19, 2023
Scott Mollen discusses "Flushing Bank v. Cory Realty" and "231/249 W. 39 St. Assocs. v. Chan."
By Adrienne B. Koch | December 19, 2023
In this last article of her four-part series, Adrienne Koch discusses two types of provisions parties use to limit actual damages— waivers of consequential damages, and waivers of the right to seek money damages altogether.
By Emily Saul | December 18, 2023
Plaintiff HBK Master Fund filed suit against NewRez LLC and Deutsche Bank National Trust Co., alleging the mortgage lender shorted trust investors by some $3.25 million.
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