A Real Estate Divorce/Martin Rosenfeld, JD

Posted on April 16, 2016

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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.

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