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Developer Can't Arbitrate NJ Condo Owner's Fraud Suits
Palak Sharma is quoted in the Law360 article, "Developer Can't Arbitrate NJ Condo Owner's Fraud Suits." The article discusses how a New Jersey state court judge refused to send fraud lawsuits against a developer of the 99 Hudson condominium complex in Jersey City to arbitration, reasoning that he didn't see evidence of a mutual assent to resolve disputes out of court.
Sharma represented the plaintiffs, a group of suing homebuyers, stating that it was unclear if her clients had seen the plan about how claims shall be resolved by binding arbitration prior to signing purchase agreements and subscription.
"We believe there are important questions of fact about whether or not they even received this plan to begin with," stated Sharma.
Sharma was joined by Day Pitney attorneys Christopher John Stracco and Sarah Sakson Langstedt.
Read the full article here.