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New York Law Journal

Good Guy Guarantees: How One Word May Expand the Liability of Individual Guarantors

In December 2022, the First Department issued a decision in 122 East 42nd Street LLC v. Joseph Scharf and Sarah Gotlib that caught the leasing world off guard as it relates to so-called "Good Guy" guarantees.
9 minute read

The Legal Intelligencer

Court Caps Landlord's Bankruptcy Claim Against Lease Guarantor

In In re Cortlandt Liquidating, the U.S. District Court for the Southern District of New York, sitting as an appellate court, reviewed a Bankruptcy Court decision that addressed a number of issues involving a commercial landlord's claims in bankruptcy.
9 minute read

Texas Lawyer

Courts Disagree as Dallas Judges Uphold Bond for $404M Judgment

Greystar did not try to stop or delay the foreclosure in an "unmistakable effort to improperly dissipate assets that would hinder (plaintiffs) attempt to collect the full amount of the judgment," the plaintiff attorney Andrew Gould said.
4 minute read

Law.com

Judge Collectively Awards Walmart and Sam's Club $2M Following Breach of Rental Lease

Chief U.S. Magistrate Judge Timothy J. Sullivan granted Walmart Real Estate Business Trust and Sam's Club Real Estate Business Trust $1.3 million and $837,689, respectively, after the defendant, Quarterfield Partners, promised the companies an option to purchase their leased properties after 10 years, but failed to issue the notices or negotiate the sale of the properties as required under the lease.
5 minute read

Daily Business Review

Becker & Poliakoff Adds Real Estate Shareholder From Fox Rothschild Focused on Growing Equestrian Sector

Donald Dufresne says his book of business is portable so he's expecting all his clients, whose work overwhelmingly revolves around equine matters, to follow him.
3 minute read

New York Law Journal

New York Lawyers Voice Diverging Views on Impact of 'Good Cause Eviction' Bill

The measure, if adopted as expected, would make it harder for landlords to increase rents and evict tenants. Real estate lawyers worried about deleterious effects of government restrictions on the market.
4 minute read

New York Law Journal

Powerhouse Duo Win Six CVA Verdicts in One Week, Totaling $157 Million

Plaintiffs counsel Kristen Gibbons Feden and Mike Della represent more than 100 survivors who filed suit against ex-doctor Stuart Copperman under the now-closed Child Victims Act.
4 minute read

New York Law Journal

Former Trump Org. CFO Allen Weisselberg Sentenced to 5 Months for Perjury

The sentence followed a plea deal with the Manhattan District Attorney's Office.
3 minute read

The Legal Intelligencer

Zoning Hearing Board, Court Failed to Evaluate Merits of Zoning Variance Requests in 'RDM Group'

In a recently published opinion, the Pennsylvania Commonwealth Court in RDM Group v. Pittston Township Zoning Hearing Board found that a local zoning hearing board and the corresponding trial court abused its discretion by failing to properly evaluate the merits of zoning variance requests of a property owner that sought to build a warehouse in Pittstown Township.
8 minute read

New Jersey Law Journal

Federal Lawsuit Seeks Environmental Cleanup Costs From Former East Rutherford Property Owner

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
3 minute read

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