---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016899"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:54:38.270563+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Court denies Wells Fargo motion for receiver and Clipper Realty's dismissal motion in 141 Livingston Street lawsuit

## Summary
- On May 13, 2025, the court denied Wells Fargo's motion to appoint a receiver for 141 Livingston Street, stating plaintiff's likelihood of prevailing appears remote.
- The court also denied Clipper Realty's cross motion to dismiss the lawsuit, ruling that plaintiff's contentions raise a question of fact.
- Lawsuit was filed March 20, 2025 by Wells Fargo as trustee against 141 Livingston Owner LLC and guarantors Clipper Realty Inc. and Clipper Realty L.P.
- Company believes claims are without merit and intends to continue to vigorously defend against the lawsuit.

## SEC filing metadata
- accession: 0001437749-25-016899
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774925016899/0001437749-25-016899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774925016899/clpr20250514_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016899
- JSON: https://secwatch.observer/filing/0001437749-25-016899.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016899.txt

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