secwatch.observer — SEC 8-K summary
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Issuer:     FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)
CIK:        0000036840
Form:       8-K
Filed at:   2023-09-26T23:59:59+00:00
Accession:  0001174947-23-001141
Event type: litigation
Sentiment:  negative
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Kushner moves to dismiss FREIT's complaint seeking to pierce corporate veil for $3.42M judgment
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- FREIT filed complaint on July 19, 2023, to collect $3.42M judgment against Sinatra Properties LLC, an affiliate of Kushner.
- Complaint alleges Kushner used Sinatra as a shell to evade debts and asks court to pierce corporate veil.
- On Sep 22, 2023, Kushner filed motion to dismiss complaint in lieu of an answer.
- FREIT will vigorously oppose the motion to dismiss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36840/000117494723001141/0001174947-23-001141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36840/000117494723001141/form8k-30829_freit.htm
  HTML page:      https://secwatch.observer/filing/0001174947-23-001141

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