---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-22-001261"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T06:27:55.329758+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FREIT awarded $3.42M in attorney fees; appeals $15M liquidated damages ruling

## Summary
- Court awarded FREIT $3,420,422.88 in attorneys' fees on Dec 8, 2022.
- Earlier Feb 4, 2022 order found plaintiff breached contract but invalidated $15M liquidated damages clause, ordering escrow return.
- FREIT filed a Notice of Appeal on Dec 8, 2022, challenging the liquidated damages ruling.
- Litigation stems from a failed purchase agreement for six properties with Sinatra Properties.

## SEC filing metadata
- accession: 0001174947-22-001261
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494722001261/0001174947-22-001261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494722001261/form8k-29120_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-22-001261
- JSON: https://secwatch.observer/filing/0001174947-22-001261.json
- Plain text: https://secwatch.observer/filing/0001174947-22-001261.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.