EasyKnock, which offers sale-leaseback solutions to homeowners, announced a legal victory in Texas on Wednesday as it was awarded more than $153,000 by an arbitrator. The company has been fighting legal battles on multiple fronts through a series of consumer-initiated lawsuits and actions by regulators in several states.
The arbitrator’s decision, issued in U.S. District Court in Dallas, must be confirmed by a judge. The ruling states that EasyKnock’s sale-leaseback agreement was a “valid and enforceable contract,” and the total amount awarded includes back rent owed, late fees and attorneys fees.
“We are thrilled with the arbitrator’s ruling, details ⇒
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