New York Law Journal: Realty Law Digest

December 3, 2014

In his weekly Realty Law Digest column (subscription required), Scott Mollen analyzed a notable case. In Hurley v. Watanabe, the court rejected a sponsor’s argument that delays in closing were caused by Superstorm Sandy. The court further held that the sponsor was not responsible for the buyer’s loss of a low interest rate lock and that pre-contract statements were statements of prediction or future expectations which could not support a fraudulent inducement claim.