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21 Aug 2023, 4:34 am by Peter Mahler
The Lower Court Proceedings In 2019, Vasaliki Apostolopoulos filed a petition seeking judicial dissolution of two realty corporations having an alleged aggregate value of $40 million. [read post]
10 Jul 2023, 4:00 am by Peter Mahler
Justice Crane construed as supportive of Paloma‘s “cut back on Sterling‘s holding” another Court of Appeals opinion handed down one year after Paloma, in West View Hills Inc. v Lizau Realty Corp. [read post]
13 Feb 2023, 4:55 am by Franklin C. McRoberts
Realty Corp., 68 AD3d 1009 [2d Dept 2009] [“Supreme Court providently exercised its discretion in denying” respondent’s untimely buyout election]; In re Flushing Off. [read post]
1 Feb 2023, 9:05 pm by renholding
Notwithstanding lower overall activity, 2022 witnessed a number of megadeal announcements, including Elon Musk’s $44 billion acquisition of Twitter, Broadcom’s $61 billion acquisition of VMware, Adobe’s $20 billion purchase of Figma, Prologis’s $26 billion acquisition of Duke Realty, Microsoft’s $68.7 billion acquisition of Activision Blizzard and Kroger’s $24.6 billion purchase of Albertsons. [read post]
27 Dec 2022, 4:24 am by Peter J. Sluka
  That restraint is consistent with cases like First Equity Realty v The Harmony Group II, 2022 NY Slip Op 30674(U) (Sup Ct, New York County Mar. 3, 2022) (d [read post]
12 Dec 2022, 4:23 am by Franklin C. McRoberts
., Inc. v Puritan Farms 2nd, Inc., 41 NY2d 420 [1977] [liquidated damages provision in a truck lease agreement]; Beltway 7 & Props., Ltd. v Blackrock Realty Advisers, Inc., 167 AD3d 100 [1st Dept 2018] [loan agreement]). [read post]
8 Jun 2022, 4:03 am by Andrew Lavoott Bluestone
On or about February 28, 2012, Plaintiff was terminated from Chanel, Inc. after nineteen (19) years of employment. [read post]
31 May 2022, 12:22 pm by The White Law Group
   To learn more about Sila Realty Trust and the firm’s investigation, please see:  Sila Realty Trust Inc. [read post]
15 Feb 2022, 6:34 am by The White Law Group
Franklin BSP Realty Trust (FBRT) Shareholders may have Claims    The White Law Group continues to investigate potential securities claims involving Franklin BSP Realty Trust Inc., (formerly known as Benefit Street Partners Realty Trust Inc.). [read post]
6 Dec 2021, 4:49 am by Franklin C. McRoberts
” The indemnification provision included language tracking the language of Section 722 (b) of the Business Corporation Law – but legislatively omitted from the much-later-enacted LLC Law § 420 – purporting to allow potential indemnification of legal fees even after “conviction” or entry of a “plea of nolo contendere” to a crime: The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of… [read post]
13 Jul 2021, 5:30 am by Sherron Watkins
Secondly, Enron decided to write off the Raptor structures and call this massive $544 million expense “an early termination during the third quarter of certain structured finance arrangements with a previously disclosed entity,” and describing the write off in the subsequent earnings phone call as “a non-recurring, non-cash write off of a previously disclosed related party transaction. [read post]
24 May 2021, 3:56 am by Peter Mahler
The Corporation’s sole asset and function throughout its existence has been to own a golf course and improvements leased to defendant Winged Foot Golf Club, Inc. [read post]