By Jane Wester | September 23, 2020
New York state Attorney General Letitia James sued Eric Trump, the Trump Organization, several related businesses and two attorneys in August, asking Manhattan Supreme Court Justice Arthur Engoron to compel the defendants to comply with subpoenas for documents and testimony.
New York Law Journal | Analysis
By Erica F. Buckley | September 23, 2020
In her Ask the Former Regulator column, Erica F. Buckley discusses the Syndicate Act as well at the Martin Act for small group of friends looking to buy a condominium together.
New York Law Journal | Expert Opinion
By Scott E. Mollen | September 22, 2020
Scott E. Mollen, a partner at Herrick, Feinstein, discusses "Matter of Rose Castle Redevelopment II, v. Franklin Realty Corp.," "HH Mark Twain v. Acres Capital Serv.," and " Empire Pipeline Inc. v. Town of Pendleton."
New York Law Journal | Expert Opinion
By Anthony S. Guardino | September 22, 2020
Rules adopted before and during the COVID-19 pandemic limit—and sometimes even bar—the ability of homeowners to rent out their property on a short-term basis. This column discusses how the courts and one home-sharing platform have responded.
By Jane Wester | September 21, 2020
General Counsel Carey Dunne shone some light on the Manhattan DA's reasoning for the eight-year scope of the subpoena, saying "public reports have asserted that the Trump Organization regularly distributed [financial] statements with overvalued assets for many years after 2011." Lawyers for President Donald Trump have until Thursday to file their reply.
By Jane Wester | September 17, 2020
Trump Organization attorneys argued that many of the subpoenaed materials are protected by attorney-client privilege. For her part, James indicated she may not accept the proposed November deposition dates.
New York Law Journal | Expert Opinion
By Scott E. Mollen | September 15, 2020
Scott Mollen discusses "Center for Specialty Care v. CSC Acquisition I," where it was held the court must recalculate the damages award for breach of lease and guaranty agreements, and "Eubanks v. Kinsler," where a landlord's refusal to sign city FHEPS forms constituted unlawful income discrimination.
New York Law Journal | Expert Opinion
By Jeffrey B. Steiner and David Broderick | September 15, 2020
In their Real Estate Financing column, Jeffrey Steiner and David Broderick write: As the COVID-19 pandemic continues to wreak havoc on the real estate industry, and as the initial lender reaction of accommodation to borrowers has mostly continued, there has been a shift from loan modifications to defaulted loan forbearance arrangements, together with a very public increase in mezzanine-lender enforcement actions, as evidenced by the public advertisements of notices of sale.
New York Law Journal | Analysis
By Michael B. Gerrard and Edward McTiernan | September 9, 2020
A standard part of due diligence before real estate transactions is ascertaining whether the property is prone to flooding. The usual method has long been to rely on the 100-year flood maps of the Federal Emergency Management Agency (FEMA), columnists Michael B. Gerrard and Edward McTiernan write.
New York Law Journal | Expert Opinion
By Scott E. Mollen | September 8, 2020
Scott E. Mollen, a partner at Herrick, Feinstein, discusses "Staten Island Land Corp. v. NYC," where the court held, pursuant to EDPL, the condemnee must repay the difference between the final award and the advance payment.
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