Jordache founder seeks personal liability dismissal at 633 Third Ave
Joe Nakash is forever in blue jeans, but doesn’t want to be forever in a foreclosure fight. Counsel for the Jordache manufacturing founder filed a motion to dismiss Nakash’s personal liability in a lawsuit at 633 Third Avenue in Midtown Manhattan. Nakash’s lawyers claim the labels being used to drag the mogul into the battle personally don’t fit. Nakash’s lawyers, Terrence Oved and Darren Oved of Oved & Oved LLP, argue that a guaranty tied to Nakash is only applicable if he trips a list of “bad-boy” acts. They further claim a mechanic’s lien in question applies to the building […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Behind the Seams: An Interview With Betsy Ross, America’s
Most Famous Upholsterer

Housing Needs Systemic Change: Time To Create Value, Not
Just Profit

Brandon Miller fallout ensnares Solil Management, Harlem
church

Pending Sales Just Fell Below 2008 Levels

Savanna staves off foreclosure sale at 521 Fifth
Avenue

Tips for Moving in the Fall to Make Your Move Easier

What is Considered Normal Wear and Tear in a Rental?

Extell taps Hyatt to anchor Times Square supertall

Pied-à-terre tax twist: Primary resident hit with $47K
surcharge


