Sills Cummis Can't Stop Bond Enforcement In NJ Rent Battle

Law360, New York (August 1, 2013, 5:14 PM EDT) -- Sills Cummis & Gross PC this week couldn't avoid paying up on a $753,801 bond in the firm's ongoing battle with a landlord over the appropriate rent for its Newark, N.J., office space.

The bond represents some of the back rent that Matrix One Riverfront Plaza LLC feels it is ultimately owed from Sills and was a condition of a stay pending the firm's appeal of a December 2010 court order that confirmed an arbitration award for Matrix on the fair market rental value of the...
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