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Re: Manhattan Club Lawsuit (by Nathan Z.):
The TMC situation does keep getting more interesting. So, it appears that if sufficient owners are willing to sign on, the attorney is willing to take on the case for $1250 and 30% contingency. And, he will also need to get released from any conflict of interest if he should happen to represent either a buyer or broker involved in the sale of TMC. If he prevails and has to bring suit to recover his expenses, paid-up TMC owners, in addition to having already paid for the TMC's defense of Eichner, will now also pay for the dissident's suing Eichner. It does seem a real possibility that the ultimate goal here is to force a sale of the property to a group possibly "alligned" with Mr. Zimmerman. I look forward to re-reading the media coverage of Mr. Zimmerman's earlier high-tech adventures. He is a man to be reckoned with! I have a feeling TMC owners unhappy with the AG's negotiation are about to be introduced to the world of high stakes New York real estate!