Tag Archives | new york

Loss of Deposit for Improper Cancellation of Contract on Punchlist Deficiency Grounds

The August 21st New York Times reports that a $4.7M deposit was forfeited by Roberta Campbell, ex-wife of Intuit Chairman William Campbell in a co-op deal gone awry. Seems the Federal Judge was unimpressed with the reasons asserted for attempted termination after the pre-closing inspection. It appears she attempted to turn punch list items into […]

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Powers of Attorney

Effective September 1, 2009, New York State enacted a new statutory form of Power of Attorney and a Major Gifts Rider.  Powers of Attorney are essential tools in estate planning and elder law planning.  If an individual becomes incapacitated and cannot communicate and handle his or her legal and financial affairs, he or she will need […]

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