July 13, 2023
A New York federal judge lifted a stay on a real estate investment trust's suit seeking to regain complete ownership of a Manhattan commercial property from JPMorgan Chase Bank NA and remanded the suit to New York state court.
July 06, 2023
A New York federal judge has stayed a real estate investment trust's request for a finding that First Republic Bank's lease at a Manhattan commercial property was overridden when the REIT purchased the building via a foreclosure sale, citing the bank's federal receivership status.
May 12, 2023
The Federal Deposit Insurance Corporation asked a court to stay an effort by a real estate investment trust to claw back a $44 million loan for a Manhattan commercial property because one of the tenants is First Republic Bank, for which the federal agency became the receiver earlier this month.