Page 2 - Terrence Oved News Today

A panel of five judges rejected Maverick’s appeal of two lower court decisions that had effectively ended its foreclosure bid.

Rotem Rosen and Alex Sapir (Getty, iStock) Rotem Rosen has won the most recent courtroom skirmish in the protracted war for more than $100 million of the estate of his former father-in-law, the late Tamir Sapir. The dispute, now in its second year in New York Surrogate’s Court, was nearly settled last year. But then the late real estate titan’s son and executor of his will, Alex Sapir, reversed course at the eleventh hour. His lawyers filed a motion for summary judgment that effectively ask...

  UPDATED, Feb. 5 2021, 3:55 p.m.: It’s been nearly a year since the start of the pandemic — and for some retailers, that means it’s been nearly a year since they’ve paid rent. Take L’Occitane, the French beauty brand. On March 25, 2020, the company told one of its landlords, Simon Property Group, that it would stop paying rent at its locations for “as long as the crisis continues,” starting in April. It then halted rent payments at 40 of its stores. As a result, L’Occitane owe...

Alex Sapir (Getty) A former employee of the Sapir Organization claims her old boss retaliated against her after she failed to find a “smoking gun” implicating one of Alex Sapir’s enemies. Patricia Lemanski, who worked as a paralegal at the real estate firm for nearly 10 years, alleges that the Sapir Organization directed her to dig up dirt on her former supervisor at the company: ex-general counsel Omer Rosen, whom Sapir had been feuding with. The firm gave Lemanski access to company file...