"Sellers: Beware of Inequitable Conduct"

The New York Real Estate Journal published an article by Thomas Kearns, partner in the Real Estate Law group, entitled "Sellers: Beware of Inequitable Conduct." The article discusses two recent cases in which New York courts have punished sellers of mortgages in auctions who were held to have acted inequitably despite the existence of express contract clauses or emails designed to protect them and practical advice based on these court decisions.