For Yellowstone Injunction Purposes, an Unauthorized Ownership Transfer is Curable Defect

For Yellowstone Injunction Purposes, an Unauthorized Ownership Transfer is Curable Defect

On March 20, 2026, Justice Boddie of the Kings County Commercial Division issued a decision in Kings Auto. Holdings, LLC v. Brooklyn Store LLC, 2026 NY Slip Op. 31078(U), holding that for the purposes of a Yellowstone injunction, an unauthorized transfer of ownership is a curable defect . . . Continue reading For Yellowstone Injunction Purposes, an Unauthorized Ownership Transfer is Curable Defect

Failure to Procure Insurance Required by Lease is not Curable by Procuring Insurance Prospectively

Failure to Procure Insurance Required by Lease is not Curable by Procuring Insurance Prospectively

On December 18, 2025, Justice Boddie of the Kings County Commercial Division issued a decision in World Dance Enters., Inc. v. Chabad Lubavitch of Brooklyn Hgts. 128 Montague St. LLC, 2025 NY Slip Op. 34939(U), holding that the failure to procure insurance required by a lease is not curable by procuring insurance prospectively . . . Continue reading Failure to Procure Insurance Required by Lease is not Curable by Procuring Insurance Prospectively

Real Estate Broker Has Fiduciary Duty and Representation of Multiple Parties to a Transaction Must be Disclosed

Real Estate Broker Has Fiduciary Duty and Representation of Multiple Parties to a Transaction Must be Disclosed

On December 24, 2025, the Second Department issued a decision in Yellin v. Revival Prop. Group, LLC, 2025 NY Slip Op. 07332, holding that a real estate broker has a fiduciary duty and representation of multiple parties to a transaction must therefore be disclosed . . . Continue reading Real Estate Broker Has Fiduciary Duty and Representation of Multiple Parties to a Transaction Must be Disclosed

Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency

Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency

On November 19, 2025, the Second Department issued a decision in American Premium Realty Group, LLC v. 37-19 Realty, Inc., 2025 NY Slip Op. 06301, affirming that imposition of a $20.5 million undertaking as a condition of vacating a notice of pendency . . . Continue reading Court Properly Ordered $20.5 Million Undertaking as Condition of Vacating Notice of Pendency