Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Board of Managers of Residential Section of Galleria Condominium v. Hong, 2023 WL 7391781, AppDiv, First Dept. (memorandum opinion)
In condominium's action to foreclose a lien and to recover unpaid common charges, unit owner appealed from Supreme Court's order denying unit owner's motion to dismiss and denying her motion to compel discovery. The Appellate Division affirmed, holding that documentary evidence did not refute the condominium's claims.
In 2011, the condominium imposed fines and penalties on unit owner totaling $6,000. Unit owner objected. When the condominium brought this action to foreclose its lien and recover over $72,000 in common charges, unit owner submitted evidence that the condominium applied her May 2018 common charge payment against those fines. Unit owner contended that this application was improper, and she sought dismissal of the complaint and production of the condominium's annual reports. The condominium represented, however, that it has waived any claim to recover the $6,000 and sought only to recover unpaid common charges from mid-2018 going forward. Supreme Court denied unit owner's motion to dismiss and to compel production of documents. Unit owner appealed.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
End of year collections are crucial for law firms because they allow them to maximize their revenue for the year, impacting profitability, partner distributions and bonus calculations by ensuring outstanding invoices are paid before the year closes, which is especially important for meeting financial targets and managing cash flow throughout the firm.
Law firms and companies in the professional services space must recognize that clients are conducting extensive online research before making contact. Prospective buyers are no longer waiting for meetings with partners or business development professionals to understand the firm's offerings. Instead, they are seeking out information on their own, and they want to do it quickly and efficiently.
Through a balanced approach that combines incentives with accountability, firms can navigate the complexities of returning to the office while maintaining productivity and morale.
The paradigm of legal administrative support within law firms has undergone a remarkable transformation over the last decade. But this begs the question: are the changes to administrative support successful, and do law firms feel they are sufficiently prepared to meet future business needs?
Counsel should include in its analysis of a case the taxability of the anticipated and sought after damages as the tax effect could be substantial.