A Real Estate Divorce/Martin Rosenfeld, JD

Posted on April 16, 2016


In the April 11, 2016 edition of the Wall Street Journal, Peter Grant wrote about the split of the Durst Fetner Residential organization wherein a residential development business was re-configured. Members of the Durst and Fetner families participated in a amicable split of the business into two new legal entities. As Jody Durst explained it;”Everyone had to be reasonable. If not, that’s when things get ugly and attorneys get large fees.” Mr. Harold Fetner added: “Who knows. Maybe we’ll do something again together. Why would I forego that opportunity by being a jerk?” The title of the article? “A Real estate Divorce That never Got Ugly”. Two good tips for a successful mediation:

1.Be reasonable.

2.Why forego future opportunities by being a jerk?

The words of caution may not be poetry but they carry a punch relative to amicable breakups. Mediate don’t litigate.