Lambert & Shackman, PLLC

04/13/2026

Article by Tom Lambert and Steve Shackman published in the January 2026 Edition of the New York Real Estate Reporter

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12/22/2025

Article by Tom Lambert and Steve Shackman published in December 1, 2025 New York Law Journal

11/13/2025

Lambert & Shackman High Court Win

Lambert & Shackman PLLC recently secured an important win at the New York State Court of Appeals, the highest Court in New York State. The Decision has been described as “a major decision reshaping how commercial ‘good guy’ guaranties are interpreted.” National Law Review, October 31, 2025. A line of recent decisions at the Supreme Court and Appellate Division held that where a good guy guaranty conditions the guarantor’s release on the tenant’s surrender “pursuant to the terms of the lease” the limited guarantor is not released unless the landlord elects to sign a new writing accepting the tenant’s surrender. In 1995 CAM LLC v. West Side Advisors, LLC, 2025 N.Y. Lexis 1771, 2025 NY Slip Op. 05782 (2025), the Court of Appeals reversed the Decisions of the lower courts, holding that the good guy guarantor’s release was not conditioned on the landlord’s acceptance of the tenant’s surrender.

The attorneys who worked on this matter were Tom Lambert, Steve Shackman and Natali Jerome.

https://www.nycourts.gov/reporter/3dseries/2025/2025_05782.htm

02/12/2025

https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.law.com%2Fnewyorklawjournal%2F2024%2F06%2F14%2Fmust-a-notice-of-default-instruct-the-tenant-how-to-cure-reconciling-a-dichotomy-under-the-case-law%2F%3Fcmp_share%3Dshare_facebook%26fbclid%3DIwZXh0bgNhZW0CMTEAAR1W6AmsEfy9nzWJ61LsPwZzRk0hJbzWCXCk8GONE2Xtrlb8SlxE5Tzbz_A_aem_thStyBkBWgDn1GbiAKmZ4Q&h=AT0jijkC1pUTC-5J1T5ZnCqtD_m44YrqipSBl-xsVA6OeXd8IopJYXUGzCgpvovw4PhOx6Cv21GPIyA91MmwHLbzk3nR8AAzsnCGTYn60d9mxwgZdVg7iNDJ1Yy3Gz8DMg&__tn__=%2CmH-R&c[0]=AT3P_PMWBkBv2Qe52G3e8Ar8pS-6tboGCWUbJUjPCLDRRSXYgAQtzz-qmr3uU9DwweKDFBti1Ozr3g1p_FoTS05gwk0m1qePkogg-QyB9rdAdRj-itoQksXHl9YM4fT4xnUhqu7I0w3xZzmnPzGme5gASKxo7AYWTJOllfK10inRiM5m1JTkZkv1z7eejSh7

"At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant "how to cure" might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter of the notice, an additional prerequisite to the notice's effectiveness. But in fact, such a requir...

06/17/2024

Article by Thomas Lambert and Steven Shackman published in today's New York Law Journal

“At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant “how to cure” might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter of the notice, an additional prerequisite to the notice’s effectiveness. But in fact, such ...

06/17/2024

“At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant “how to cure” might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter of the notice, an additional prerequisite to the notice’s effectiveness. But in fact, such ...

06/14/2024

Article by Tom Lambert and Steven Shackman published in New York Law Journal today

“At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant “how to cure” might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter of the notice, an additional prerequisite to the notice’s effectiveness. But in fact, such ...

06/13/2024