Janice Mac Avoy and Gregg Weiner discuss real estate litigation trends and cases to watch in 2013 with Law360

Janice Mac Avoy and Gregg Weiner discuss real estate litigation trends and cases to watch in 2013 with Law360

Litigation partners Janice Mac Avoy and Gregg Weiner were quoted by Law360 on real estate litigation trends and cases to watch in 2013. On intercreditor commercial loan disputes, Ms. Mac Avoy said, "I think these are going to happen more and more, and New York is a likely place for them to pop up." Commenting on Maestro W. Chelsea SPE v. Pradera Realty, Mr. Weiner said, "If the appeals court refuses to enforce the best efforts obligation, given the prevalence of these clauses, it will send shock waves through the real estate industry. If we prevail, for the first time the First Department will clarify the scope of a best efforts obligation in a real estate context."

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