Real estate developers and construction contractors in New Jersey have long faced significant risks with respect to personal liability arising out of their companies’ work. The New Jersey Supreme Court in Allen v. V & A Bros., Inc. recently confirmed that personal liability under New Jersey’s Consumer Fraud Act (“CFA”) for the principals and certain…
A New Jersey couple has been awarded more than $381,000 in a trial over a land deal where they lost money because a real estate cooperative’s Board of Directors decided not to inform them that the property lacked the required permits for building. In Travers v. Edgewater Colony Inc. and the Board of Directors of…
The New Jersey Cooperator, the Condo. HOA & Co-op Monthly, September 2012. Q We are a small, self-managed association that has a complicated problem that needs to be solved. The problem concerns the 25th garage and the association’s inability to obtain this particular garage. The original architect built 24 garages for every one of the…
Determining which litigant is entitled to attorney fees in commercial lease disputes A well-drafted and negotiated commercial lease typically includes a provision entitling the prevailing party in litigation to an award of attorney fees. In many complex lease interpretation cases, the issue of prevailing-party attorney fees is a driving force in the settlement of disputes,…