Real Estate Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Unsecured creditors likely to lose nearly half money owed by Browns ...
Manchester Evening NewsNovember 1, 2011

The firms face an anxious wait as administrators for Browns Construction Group battle for payments from long-running contract disputes against the company, which helped force it into administration in August. But administrators from Begbies Traynor ...more »

Commercial Property news in brief
Manchester Evening NewsNovember 1, 2011

We saw significant interest in the property as a result a new lease was subsequently negotiated with MAX.” “Demand for serviced apartment accommodation has remained strong throughout the UK, and Manchester is no exception; the city is one of Europe's ...more »

Real Estate Law News and Stories

Building Codes
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Syms, Blitz, Lehman, Real Mex, Broadstripe: Bankruptcy
BusinessWeekNovember 10, 2011

Gores Group LLC bought the business in September 2010 under a contract with an advertised price of $208 million, including cash of $149.85 million. Based in Uniondale, New York, NEC filed under Chapter 11 in June 2010, saying assets and debt were both ...more »

Industrial Development Issues
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Four Alabama residents charged with unemployment compensation fraud
Montgomery AdvertiserNovember 1, 2011

The Alabama Department of Industrial Relations announced the prosecution of four Alabama residents for unemployment compensation fraud. Director Tom Surtees announced the prosecutions in a release Tuesday, with all four individuals charged with ...more »

Commercial Real Estate
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Lawyer selling 4BD in Spring Valley Village
Ultimate MemorialNovember 3, 2011

It is valued at $365807. David Houston of New Leaf Real Estate is the home's listing agent. Mr. Bowlin is a commercial litigation attorney and is a shareholder at the law firm of Chamberlain, Hrdlicka, White, Williams & Aughtry. He holds a BA, ...more »

Allied Home Mortgage Founder Sues HUD for Halting Privileges
BusinessWeekNovember 3, 2011

3 (Bloomberg) -- Allied Home Mortgage Corp. sued the US Department of Housing and Urban Development for suspending the firm's ability to write Federal Housing Authority-insured home loans. Allied and James C. Hodge, founder and chief executive officer ...more »

Reits And Limited Partnerships
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Crestwood Midstream Partners Completes Acquisition of Haynesville/Bossier ...
MarketWatch (press release)November 1, 2011

About Crestwood Midstream Partners LP Houston, Texas-based Crestwood is a growth-oriented, midstream master limited partnership which owns and operates predominately fee-based gathering, processing, treating and compression assets servicing natural gas ...more »

Construction Contracts & Disputes, Boundaries
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Vulcan Announces Third Quarter 2011 Results
MarketWatch (press release)November 2, 2011

Commenting on the Company's outlook, Mr. James stated, "In the current economic environment, we expect future demand for our products to be supported by contract awards for public spending on highway projects, specifically road-related construction, ...more »

Residential Real Estate
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Reznick Group Appoints Five New Principals
MarketWatch (press release)November 2, 2011

Rick Suid, CPA -- Atlanta Office Suid has 14 years of experience with a concentration on serving the audit and business advisory needs of clients in the real estate industry. His clients include residential and commercial real estate developers, ...more »

Construction Litigation
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Garten: Maybe someday our crowded courthouse will be replaced
Blue Springs ExaminerNovember 2, 2011

In fact, the inequality in caseload volume has gotten to the point that the Jackson County Circuit Court recently issued an administrative order that one in out of every five new domestic relations and civil cases filed in Independence will be randomly ...more »

Restrictive Covenant Injunctions
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Altus Group Limited to Release Third Quarter Results
MarketWatch (press release)November 1, 2011

... insurance limits; income tax matters; fluctuation of dividends; unpredictability and volatility of common share price; capital investment; dilution of existing shareholder interests; leverage and restrictive covenants; and, investment eligibility. ...more »

Eminent Domain
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Calif. Supreme Court to hear redevelopment case
BusinessWeekNovember 10, 2011

It allowed local governments to launch new agencies if they agreed to pay a greater share of property taxes to local governments and schools, replacing money the state now pays. In accepting the lawsuit, the state Supreme Court halted the law until the ...more »

Title Litigation
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In Re Wells Fargo Mortgage Lending Discrimination Litigation
The American LawyerNovember 1, 2011

(Prisbe is in Baltimore; the others are in Towson, Maryland.) —Tania Karas For breaking litigation news, read The Am Law Litigation Daily. Go to litigationdaily.com A browser or device that allows javascript is required to view this content.more »

Foreclosure
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Foreclosure crisis rippling out putting city neighborhoods on the offensive
ABC2 NewsNovember 3, 2011

Now the more people are forced out of their homes, homes fall into foreclosure and they become vacant, people might sort of get a little discouraged," said Cahill. Discouraged by the crime studies show can creep in, the decrease in value of their own ...more »

Zoning Regulations, Land Use
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Citizens for the Protection of Private Land Report
Patch.comNovember 8, 2011

Despite the board's obviously disorganized “draft” zoning regulations, many intelligent and insightful questions were asked that night. The inclusion of hotels and theaters was discussed at length and in answer to the direct question as to how these ...more »

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