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Three Takeaways from 'Casey v. Whitehouse Estates' Rent Regulation Decision Image

Three Takeaways from 'Casey v. Whitehouse Estates' Rent Regulation Decision

Jeffrey Turkel

On March 16, 2023, the Court of Appeals decided Casey v. Whitehouse Estates, Inc., the first Court of Appeals ruling to address rent regulation since its landmark decision in Matter of Regina Metro. Co., LLC v. New York State Div. of Hous. & Community Renewal, the Court of Appeals unanimously reversed the First Department's finding that the landlord's purported fraud mandated use of DHCR's so-called default rent formula.

Columns & Departments

Development

NYRE Staff

Sand Mine Enjoys Nonconforming Use Protection Contract Vendee Entitled to Use Variance Despite Knowledge of Ordinance's Provisions

Columns & Departments

Real Property Law

NYRE Staff

Strict Liability for Excavation Damage Easement Was Non-Exclusive Purchaser's Claims Barred By Merger Doctrine, Caveat Emptor Purchaser's Claim Based on Inoperative Elevator Dismissed In the Absence of Active Concealment Deed Forgery Claim Survives Motion to Dismiss

Columns & Departments

Landlord & Tenant Law

NYRE Staff

Wrongful Eviction Claim Raises Questions of Fact Yellowstone Injunction Cure Period

Features

Appellate Court Reverses Chapter 11 Confirmation Order Based on Faulty Tax Ruling Image

Appellate Court Reverses Chapter 11 Confirmation Order Based on Faulty Tax Ruling

Michael L. Cook

The Northern District of California recently issued two blistering opinions on appeals by the IRS and California Franchise Tax Board from a bankruptcy court's Chapter 11 plan confirmation order and a tax determination order.

Features

Syndicated Commercial Real Estate Loan Transactions In Today's Market Image

Syndicated Commercial Real Estate Loan Transactions In Today's Market

Richard S. Fries & Darby K. Brown

Larger commercial real estate mortgage loans are often originated by a group or "syndicate" of lending institutions that each contribute a portion of the overall loan proceeds and share the benefits and risks. This article describes several significant features of a "syndicated" real estate loan that are not commonly known or understood.

Features

Corporate Bankruptcies and the Restructuring Solution Image

Corporate Bankruptcies and the Restructuring Solution

Brian Wanat

Recent, big-name Chapter 11 filings have brought to the light the importance of insurance solutions for companies in financial distress, as companies in this situation face oftentimes new and uncharted issues.

Columns & Departments

Fresh Filings

ELF Staff

Notable court filings in entertainment law.

Features

Buyout Provisions In Commercial Lease Litigation Image

Buyout Provisions In Commercial Lease Litigation

Adrienne B. Koch

Litigation frequently involves an attempt by one party to enforce the terms of the buyout provision through specific performance. But that remedy may be less readily available than the parties might assume. This article explores the reasons why, and suggests some drafting considerations.

Features

Ninth Circuit Bankruptcy Panel Holds Lack of Timely Objection Bars Objection to Homestead Value Exemption Image

Ninth Circuit Bankruptcy Panel Holds Lack of Timely Objection Bars Objection to Homestead Value Exemption

Lawrence J. Kotler & Geoffrey A. Heaton

In In re Masingale, the U.S. Bankruptcy Appellate Panel for the Ninth Circuit held that in the absence of a timely objection, debtors who claimed a homestead exemption of "100% of FMV" in their residence had a valid exemption claim for the full fair market value of the property.

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