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Leclair v. Leclair, PICS Case No. 11-0768 (C.P. Lawrence April 13, 2011) Piccione, J. (12 pages).
The hearing master erred in awarding wife 90 percent of husband's 401k account where the account was the only liquid asset available to the parties. Exceptions granted in part and dismissed in part.
Subletting in Co-ops: Continuing Challenge for Boards
In their Co-ops and Condominiums column, Richard Siegler, of counsel to Stroock & Stroock & Lavan, and Eva Talel, a partner at the firm, write that co-op proprietary leases generally restrict and may even prohibit subletting, and courts have generally upheld such restraints as reasonable, in furtherance of the co-op's objectives
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