In the life of a title litigator, you want to be challenged and have interesting cases where you are asked to use your best skills to prevail. We were delighted to be told that this claim required the most aggressive, street-smart law firm on the Fortune 500 companies attorney list and we could not feel Full Article…
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Adam Leitman Bailey Files Lawsuit, Settles Emergency Case Providing Fortune 10 Company with Access to Repair Building While Accessing Neighbor’s Property
A call came in that a building in Brooklyn had pieces falling off of it and was in danger of harming persons using a parking facility below next door. In order to repair the building, protective equipment was needed to secure the building and the parking spaces next door. The neighbor had a price they Full Article…
Adam Leitman Bailey, P.C. Preserves Six Million Dollars In Loans Made by Its Client
When the managing member of three real estate LLCs sought to refinance the existing senior debt, Adam Leitman Bailey, P.C.’s client made loans totaling approximately six million dollars. There was also a mezzanine lender, whose agreement with the holding company for the LLCs, required its written permission for an activity such as a refinance. None Full Article…
Adam Leitman Bailey, P.C. Quickly Secures Victory for Lender Facing Adverse Possession Claim
Adam Leitman Bailey, P.C. was recently retained by a title company to represent a Lender’s interest in an adverse possession action in Queens. The Lender had commenced an action to foreclose a mortgage against the subject property which resulted in an auction taking place. However, before the closing of the sale could take place, a Full Article…
Dismissal of Mechanic’s Liens
The Court does not have the discretion to dismiss a mechanic’s lien except on the statutory grounds stated in the Lien Law. These are: (1) Section 19(6) – summary discharge if the lien is defective on its face; (2) Section 20 – payment into court of the amount of the lien; (3) Section 37 – Full Article…
Miracle Lawyering, Strategizing And A Bit Of Luck Allows Client To Buy Dream Home After It Being In Probate And No Contract Signed While Being Sued By Purchaser of Existing Home For Damages, Breach of contract And Failing To Close
The client came to Adam Leitman Bailey, P.C. in an impossible situation. The client’s wife was 7th months pregnant during the height of COVID. She was not moving and the client’s dream home was not only not for sale but in probate without any indication as to who had the authority to sell. To make Full Article…
Rules on Partitioning Ownership Property Rights
Whether a property owned by two or more tenants-in-common can be partitioned “in kind,” i.e., by physically dividing the real estate or other property interest, or by subjecting it to a judicial sale, or even whether the property may be subject to partition at all, are issues that courts must decide when the property’s majority and Full Article…
The Largest Buyout Ever Overpaid in New York City
Adam Leitman Bailey, P.C. was contacted by rent-stabilized tenants of a residential apartment in New York in connection with a potential buyout case. We were given a mission: identify the landlord’s goals for the tenants’ building and secure a fair settlement amount that would allow the tenants to live comfortably for the rest of their Full Article…
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