Adam Leitman Bailey, P.C. Lifts the Cloud Over Client’s Title
Adam Leitman Bailey, P.C. vindicated the ownership rights of a Housing Corporation in two of its residences. After pressing suit in New York Supreme Court, setting forth compelling facts and evidence and seeking injunctive and substantial monetary relief for the owner, Defendant was forced to capitulate, withdrawing his spurious claims over title.
A former tenant in the Corporation’s building passed away, and ownership of her apartment reverted to the Corporation. Meanwhile, decedent’s daughter – another tenant in the building – was appointed Administrator of her mother’s estate. The daughter purported to transfer title of her own apartment to her brother (Defendant) without any necessary Board knowledge or approval, and she then also proceeded to “transfer” title in her deceased mother’s unit to Defendant despite having no valid claim of ownership therein.
The Corporation, having no knowledge of the fraudulent transfers at the time, sought to sell the units to ready buyers. These sales were critical to the Corporation as they would generate much needed capital and stem the loss of fees from the dormant tenancies. Upon learning of the Corporation’s impending sales, Defendant filed baseless UCC3s for both properties, claiming ownership, clouding their title, and frustrating the Corporation’s much needed sales.
Considering the Corporation’s dire need and Defendant’s baseless actions, Adam Leitman Bailey, P.C. took swift action, seeking injunctive relief to invalidate the bogus UCC3s and nearly $1 Million in damages from Defendant for the lost sales. These quick, decisive actions, coupled with intense negotiations, forced Defendant to cancel the UCC3s and withdraw his spurious claims of ownership over the properties. Adam Leitman Bailey, P.C.’s aggressive approach allowed the Housing Corporation to obtain complete relief with minimal time and cost, and most importantly, the Client’s critical sales were able to proceed.
Ben Rose of Adam Leitman Bailey, P.C. litigated the matter alongside Rachel Sigmund McGinley and briefing from Dov A Treiman.