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

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Goldman buys real estate portfolio from Lehman
MSN MoneyNovember 1, 2011

The sale was previously approved by the bankruptcy court in August. The portfolio is comprised of 10 buildings representing 3 million square feet of space and 30 percent of all commercial real estate in Rosslyn, Va. Monday Properties, which originally ...more »

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 »

Real Estate Law News and Stories

Building Codes
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Seven Branscomb PC Attorneys Named on “The Best Lawyers in America's 2012” List
PR Web (press release)November 2, 2011

We would like to congratulate each Branscomb PC attorney that was selected as Best Lawyers 'Lawyer of the Year' for 2012.” Branscomb PC is an 18-member business law firm with offices in Corpus Christi and Austin, Texas. The firm works collaboratively ...more »

Industrial Development Issues
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Bridget Di Certo and Chhay Channyda
Phnom Penh PostNovember 2, 2011

“Children work with dangerous pesticides and chemicals in agriculture and often with dangerous machinery in industrial production,” the ITUC's report says. “The scope of the Labour Law does not cover all working children, and the law is not adequately ...more »

Commercial Real Estate
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Cuba to Allow Sale of Real Estate
TIMENovember 3, 2011

03, 2011 (HAVANA) — Cuba announced Thursday it will allow real estate to be bought and sold for the first time since the early days of the revolution, the most important reform yet in a series of free-market changes under President Raul Castro. The ...more »

Mechanic's Liens
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Glory to God granted reprieve in foreclosure proceedings
The Desert SunNovember 1, 2011

Hopp said foreclosure was not part of the settlement, according to court records. The church's pastor, Randy Brodhagen, and the church's attorney, Richard Hufstader, could not be immediately reached for comment. Hopp also denied a motion by Orr ...more »

Bloomberg View: Vulture Funds for the Mortgage Market; a Soft-Touch SEC
BusinessWeekNovember 10, 2011

Nearly 11 million households owe more on their mortgages than their houses are worth. Foreclosures continue to pile up as banks take years to repossess and sell homes. Those who don't want to walk away find themselves in a sort of debtor's jail. ...more »

Construction Contracts & Disputes, Boundaries
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Priory Hall shows how housing rights are easily trampled upon
Irish TimesNovember 7, 2011

Indeed, there are no provisions in the Building Regulations that enable consumers, purchasers or renters to report and effectively obtain a remedy for breaches of these regulations. Some recent legislation, such as consumer protection for those with ...more »

Reits And Limited Partnerships
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MarkWest Energy Partners Closes Public Offering of $700 Million of 6.25 ...
MarketWatch (press release)November 3, 2011

... or sale would be unlawful prior to registration or qualification under the securities laws of such state. MarkWest Energy Partners, LP is a master limited partnership engaged in the gathering, transportation, and processing of natural gas; ...more »

Construction Litigation
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Hundreds gather in Palm Beach County to support a wage theft ordinance
Palm Beach PostNovember 8, 2011

"Wage theft is rampant in construction, where subcontractors simply take money from contractors and don't pay their workers," said Adina Heart, a spokesperson for the group. "People who work in restaurants, hotels and people in jobs as nannies or maids ...more »

Residential Real Estate
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Fugitive lawyer's saga leaves colleagues wondering why
Thomson Reuters News & InsightNovember 4, 2011

Douglas Arntsen, a 33-year-old real-estate lawyer at Crowell & Moring, quit his job on Sept. 12, just as one of the firm's clients, Regal Real Estate, was discovering that about $4 million was missing from an escrow account maintained by Crowell. ...more »

Eminent Domain
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Campaign Law Issue Of Federal Hearing
WAPT JacksonNovember 3, 2011

A group of Lafayette County residents have told a federal judge that Mississippi's campaign finance law stops them from campaigning as they want to for an eminent domain constitutional amendment. The Northeast Mississippi Daily Journal reported that US ...more »

Restrictive Covenant Injunctions
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Does Your Buy-Sell Agreement Have a Diastema?
Dentistry IQNovember 16, 2011

In addition, all stockholders should be subject to a restrictive covenant to prevent a stockholder from leaving the practice and opening a new practice down the street. Otherwise, a stockholder could disregard the financial responsibilities set forth ...more »

Foreclosure
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Foreclosures Again Spark Interest
WCTVNovember 18, 2011

Stealing homes by using fraudulent documents is a crime. See the difference? Why should banks be exempt from the law? They are not. It is up to us, the people, to complain, whine and notify the Attorney General when we see criminals and crime. ...more »

Title Litigation
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The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Tekelec
MarketWatch (press release)November 7, 2011

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters. Powers Taylor, LLP is a boutique litigation law firm that ...more »

Hotel Reit Practice
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Sabra Reports Third Quarter 2011 Results; Announces Acquisition; Declares ...
istockAnalyst.com (press release)November 2, 2011

... Care REIT, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8563 Statements made in this release that are not historical facts are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of ...more »

Zoning Regulations, Land Use
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Coaling restarts zoning effort
Tuscaloosa News (subscription)November 13, 2011

The town was incorporated in 1997 and has operated without zoning laws since. Opponents say they don't want to live in a city atmosphere with zoning, and moved out of an urban area to get away from such regulations. Supporters say zoning controls are ...more »

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