Penataquit Ass'n v. Furman

This is a motion for an order vacating the lis pendens heretofore filed in this action or, in the alternative, to compel plaintiffs to post a bond to indemnify defendant owners in the case of plaintiffs’ failure to successfully prosecute this cause. The action is for a declaratory judgment and is brought by a group of property owners, some of whom are banded together in a membership corporation known as the Penataquit Association, Inc. The defendants Sands and Bayslip Realty Corp. are the owners of property affected by a change in the zoning law made by other defendants as members of the town…