Daily Archives: Tuesday, June 5, 2018

Posted: June 5, 2018

Party Cannot Enforce Estoppel Certificates it Accepted Knowing that the Representations Were Not True

On June 5, 2018, the First Department issued a decision in Aerotek, Inc. v. 757 3rd Ave. Associates, LLC, 2018 NY Slip Op. 03943, holding that a party could not rely on an estoppel certificate it accepted knowing that it was not true, explaining: Plaintiffs seek to recover tenant improvement costs pursuant to two leases.... Read more »