Clipper Realty Inc. is currently involved in litigation concerning its subsidiary, 141 Livingston Owner LLC, and the 141 Livingston Street property. Wells Fargo Bank, as a trustee for certain certificate holders, filed a lawsuit against Clipper Realty Inc. and its operating partnership, Clipper Realty L.P., in the New York State Supreme Court, seeking the appointment of a receiver for the property. However, on May 13, 2025, the court denied Wells Fargo's motion, citing the improbability of their success in the case. The court also denied Clipper Realty's motion to dismiss the lawsuit, highlighting that the claims raise a question of fact. Clipper Realty maintains that the lawsuit is without merit and is committed to defending against it vigorously.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。