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Condo Deals Good Despite Firm's Mistake, Developers Say
Greenhouses and Structures In Condominiums
In their Cooperatives and Condominiums column, Richard Siegler and Eva Talel, partners at of Stroock & Stroock & Lavan, discuss the lack of New York cases dealing specifically with greenhouses in condominiums and, in an effort to avoid litigation, suggest procedures for boards and managers to follow when unit owners seek to erect terrace structures.Former Stroock Partner Must Take Retirement Claim to Arbitration
Gallery, Artist in Litigation Over Restored Artwork Pulled From Sotheby's Auction
Stroock & Stroock & Lavan and Schnader Harrison Segal & Lewis recently entered appearances for the auction house and artist Cady Noland in a suit brought by Marc Jancou Fine Art, which sued for a whopping $26 million after Sotheby's scrapped the auction of a piece that Noland disavowed after it was damaged and restored.Trump-Icahn Bankruptcy Pact OK'd but Bondholders' Legal Fees Unresolved
A New Jersey judge has approved a global settlement that puts a halt to remaining litigation in the Trump Entertainment Resorts bankruptcy. But in signing off on the deal, the judge deferred deciding whether to approve a request for $19.5 million in fees and costs for professional advice to the bondholders, who obtained a controlling interest under the reorganization plan. The amount was mostly incurred for legal services from three law firms, plus a "success fee" to an investment bank that provided financial advice.Trending Stories
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