Condominium buyers who seized on what has been described as a typo in offering documents by a Stroock & Stroock & Lavan lawyer Thursday won a round in the fight to recoup their deposits.
But the litigation is not over, despite the decision by the 2nd U.S. Circuit Court of Appeals, which upheld a lower court’s refusal to grant an injunction that would have blocked the release of some $16 million in buyer deposits from an escrow account maintained by the project developer and Stroock client CRP/Extell Parcel I.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
