Real Estate Client Prevails on Appeal
Carter Ledyard prevailed on an appeal for one of our real estate clients in a commercial real estate dispute. As part of the purchase price for sale of a property by our client to a developer, the developer agreed to either transfer two units in the renovated building to our client or pay our client an agreed upon amount of cash. Our client sued when the purchaser refused to transfer the units or pay the cash alternative. A lower court initially dismissed our client’s claims, finding that the execution of sales agreements for the two units was a condition precedent to the developer’s obligation to convey the units or pay the cash alternative. The appellate court unanimously reversed and held that the developer had to pay the cash alternative whether or not the sales agreements for the units were executed. Rather than sending the case back to the lower court, the New York State Appellate Division, First Department granted summary judgment in our client’s favor for the full amount claimed. CL&M’s client was represented by litigation partner Jeffrey S. Boxer, real estate partner Macculloch M. Irving and litigation counsel Theodore Allegaert.
Ms. Mann was asked to comment on the lawsuit alleging that the Trump Foundation charity used funds for personal and political purposes.
Carter Ledyard is pleased to welcome the arrival of Ms. Dreizen to the firm as Counsel in the Corporate department.
Carter Ledyard client Global SC Finance IV Limited completed an offering of $196 million of fixed rate asset backed notes.
Judith discusses the benefits and risks of arbitration of art disputes in the newly created process at the Netherlands Arbitration Institute.
Jack was honored with the Chairman's Award, in recognition of his "tireless efforts and unending dedication to the foundation."
Mr. McCarthy has joined the firm as a partner in the Litigation Department, bringing with him years of experience in international litigation and arbitration.
Our 2017 Year in Review highlights the cutting-edge work of our clients, both foreign and domestic, and some of the ways we helped them succeed.
Over breakfast at the midtown office, more than 30 members of the private equity community gathered to create a deal flow for all concerned.
Val Vasi discussed aint-money laundering (AML) guidelines in the art world and AML regulations in the financial services industry
Carter Ledyard client Lisa Schwarz, developer of the Comprehensive Resource Model trauma treatment model, prevailed on her motion for contempt against Dr. David Grand in proceedings in the Federal District Court for the…
Together with Her Justice, Carter Ledyard attorneys were successful in guiding pro bono clients apply for their U-Visa, obtain deferred and final approval of legal status, and receive employment authorization.