Search for: "Commercial Properties Realty Trust, LLC"
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20 Feb 2023, 4:46 am
This year’s collection features a relatively rare example of a court awarding punitive damages against a company controller for breach of fiduciary duty; a decision denying enforcement of allegedly promised “equity” in an LLC; and a decision dismissing untimely fraud claims against co-members of a realty holding LLC. [read post]
14 Nov 2017, 8:48 am
LLC v. [read post]
19 Jun 2020, 2:10 pm
They regularly handle leasing for the top landlords in New York City such as Tishman Speyer, Vornado Realty Trust, SL Green Realty Corp. and SJP Properties and have negotiated leases for the headquarters of Gap Inc., Polo Ralph Lauren Corporation and the National Football League. [read post]
19 Sep 2011, 3:00 am
In brief, the three parties formed a member-managed Delaware LLC to hold a long-term net lease on a Manhattan commercial property, which they then subleased to one of the members, Tzolis, who subsequently stopped paying rent and then proposed that he acquire the other two members' interests. [read post]
29 Jun 2015, 3:19 am
Such was the case in Breidbart v Olshan, Decision and Order, Index No. 003610/12 [Sup Ct Nassau County May 27, 2015], involving a realty partnership formed in 1977 to acquire and develop under a long-term lease a commercial office building in Lake Success on Long Island. [read post]
28 Sep 2017, 6:43 am
See Centeq Realty, Inc. v. [read post]
10 Feb 2020, 2:14 am
A first-impression decision last week by Manhattan Commercial Division Justice Andrew Borrok in Weinstein v RAS Property Management, LLC, 2020 NY Slip Op 20028 [Sup Ct NY County Feb. 5, 2020], makes it official: estate representatives of deceased limited partners get the same treatment. [read post]
6 Nov 2023, 4:16 am
Manhattan Commercial Division Justice Jennifer G. [read post]
8 May 2012, 5:15 pm
The filing of petitions by SARE debtors are often preceded by attempts by the secured creditor post-default to collect rents generated by the mortgaged realty and to foreclose on its lien in that realty. [read post]
25 Apr 2015, 4:22 am
He previously served as Managing Principal of Boone Consulting and, prior, was President and Founder of Pride Properties, LLC, owning a portfolio of rental and company-financed properties in the Mid South. [read post]
24 Apr 2023, 4:53 am
The latter rule of law treats material prepared for a client, such as an entity’s owner, as a “property right,” and a law firm has a “general duty to provide that material . . . upon . . . request absent a substantial showing of good cause to refuse client access” (Sage Realty Corp. v Proskauer Rose Goetz & Mendelsohn LLP, 294 AD2d 190 [1st Dept 2002]). [read post]
28 Mar 2022, 3:44 am
Manhattan Commercial Division Justice Joel M. [read post]
21 Nov 2010, 5:10 pm
Thus, paying the $500 administrative fee to join the special needs pooled trust was an appropriate expenditure of trust funds. [read post]
27 Apr 2020, 4:47 am
The case arose following the death of one of two 50% owners of two realty-holding Indiana corporations named C.F.B., Inc. [read post]
1 Jun 2010, 6:15 am
FACTUAL AND PROCEDURAL HISTORIES James and Sharon Norris, the landlords, leased commercial property in 2003 to Oliverio Herrera and George Thomas, the tenants. [read post]
2 Nov 2010, 5:46 pm
US BANK NATIONAL ASSOCIATION, as Indenture Trustee, on behalf of the holders of Terwin Mortgage Trust 2007-AHL1, Asset-Backed Securities Series 2007-AHL1, Appellee. 4th District.Mortgage foreclosure -- Error to enter summary judgment of foreclosure of commercial mortgage loan where lender accepted a substantial paydown after an initial default and acceleration, and the parties entered into an agreement to reinstate the mortgage after the entry of an earlier judgment -- Summary… [read post]
3 Dec 2011, 9:56 am
., Appellee. 1st District.Administrative law -- Agency for Health Care Administration -- Revocation of assisted living facility licenses, denial of licensure renewal applications, and imposition of administrative fines -- Claims against licensee were not proven where only evidence to support claims was uncorroborated hearsay -- Claim that licensee operated another assisted living facility without obtaining a valid license or qualifying for a license exemption was not proven where evidence was… [read post]
13 Jun 2011, 4:00 am
June 7, 2011), the Court of Appeals likewise held that a release provision in a co-management agreement between co-owners of a realty company required dismissal of breach of fiduciary duty and fraud claims based on alleged non-disclosure of major problems with a property acquisition. [read post]
16 Jan 2021, 10:57 pm
Norwood Realty, Inc., the letter of intent contained language that was explicitly binding.[46] The court held the letter of intent fell into the first category: Here, the intent of the parties to be bound by the letter of intent is not left to inference from the terms of their agreement but is twice expressly stated in prominent parts of the letter of intent. [read post]
19 Jul 2010, 3:37 pm
Oliver in Wichita, which was formerly part of Boeing Commercial Airlines. [read post]
