Overview
SUPREME COURT OF THE STATE OF NEW YORK
COUNTY OF NEW YORK
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KATHRYN CASEY, LAURIE CAGNASSOLA, |
) ) ) ) |
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Plaintiffs, |
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vs. |
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Index No. 111723/2011 |
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WHITEHOUSE ESTATES, INC. KOEPPEL & |
) ) ) |
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Defendants. |
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Class Members
• Eligible Class Members (defined here) whose Claim Form is received by May 13, 2024 may be entitled to money. Only Class Members who are not Rent Credit Class Members and who paid rent in amounts that were more than the legal rent can get money and only if they submit a Claim Form.
• If you are a current tenant whose rent is being reset, your rent will be changed to the Reset Rent beginning on the Rent Adjustment Date.
• If you are a current tenant whose apartment is deregulated pursuant to the Settlement, you may remain in occupancy at the applicable Reset Rent for a period of one (1) year from the Effective Date of the Settlement (the “Expiration Date”). At the Expiration Date, Debtor may offer the tenant a free market lease at the current market rent or provide a notice of non-renewal at Debtor’s option.
Your Rights and Options as a Class Member
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT | ||
|---|---|---|
| You May | Due Date | |
| Submit a Claim Form | This is the only way for you to get a payment from the Settlement if you are eligible. By submitting a Claim Form to the Administrator, you may be entitled to receive a payment if you are eligible. However, you will give up your legal rights to bring further claims against the Debtor regarding the rent amounts you previously paid. If you submit a Claim Form, you will also have an opportunity to alert the Administrator if you believe that the amount of rent you paid to the Debtor is not accurate so that any discrepancies can be resolved before the Settlement Hearing. | Received By: May 13, 2024 |
| Opt Out and Not Receive Money or Benefits Under the Settlement | You will not get a payment from the Settlement . This is the only way to you will be able to be part of any other lawsuit seeking to recover money from the Defendants for charging too much rent. All requests to “opt out” must be made in writing and received by the Administrator by May 13, 2024. If you opt out, you will not receive any money from the Settlement. If you opt out, you will not receive the Debtor’s waiver of the difference between the Reset Rents and the Default Rents, plus any Rent Credits that were applied toward rent, and you may be required to pay those amounts. | Received By: May 13, 2024 |
| Object to Settlement | You will remain a Class Member, but you may write to the Court about any part of the Settlement that you do not like. You may also ask to speak in Court at the Settlement Hearing about your objection to the Settlement. If you object, you must still submit a Claim Form to get money from the Settlement Fund. If you opt out from the Settlement (see above), you may not object to the Settlement. | Received By: May 13, 2024 |
| Do Nothing | You will not get a payment from the Settlement, and you will give up all your rights to sue Defendants regarding the amount of your monthly rent. | N/A |