Bid To Discredit Arbiter In $100M Tribeca Real Estate Case Flops

Law360, New York (March 13, 2012, 5:13 PM EDT) -- A New York state judge on Monday declined to take another look at an arbitration agreement the court had confirmed in a suit over costly delays on the 63-unit Tribeca Summit, saying the property owner's allegations that the arbiter had kept secret his relationships with attorneys involved were too flimsy.

In a New York Supreme Court filing, the owner of the property at 415 Greenwich St. sued CPG Construction & Development Corp. and Safeco Insurance Co., which provided a surety bond to insure the project's completion, for failing to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.