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

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Premier Service Bank Announces Financial Results for the Third Quarter of 2011
MarketWatch (press release)November 1, 2011

In the Bank's lawsuit against the FDIC, as receiver for 1st Centennial Bank, and against certain former officers of 1st Centennial Bank and 1st Centennial's director and officer liability insurance carrier, the Bank negotiated a settlement, ...more »

Putting an end to corruption
Management TodayNovember 1, 2011

'It's surprisingly common in international construction contracts, but a kind of bribery. These "sponsors" are often connected to the ruling elite and you're expected to pay them a retainer to make "connections".' Darby declined and didn't get the ...more »

Real Estate Law News and Stories

Building Codes
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New law will let Cubans buy and sell real estate
Chicago Sun-TimesNovember 3, 2011

Property exchanges and signs such as the one in the picture were already legal in Cuba. In addition, the government announced Thursday they will also allow real estate to be bought and sold for the first time since the early days of the revolution in ...more »

Industrial Development Issues
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Lawyer shuts practice to turn to his real love, beer
Miami Daily Business ReviewNovember 2, 2011

The State's interest in providing a simple labeling system to alert industry members, tax collectors/law enforcement and consumers to a beverage's status as a higher alcohol content malt beverage directly advances its interest in minimizing the ...more »

Commercial Real Estate
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How to make rock-solid investment decisions in a shaky real estate market
Smart Business NetworkNovember 1, 2011

Historically, commercial real estate afforded investors predictable and favorable returns. In fact, many of the richest Americans on Forbes infamous annual list attribute all or a portion of their hard-earned fortunes to a bevy of sound real estate...more »

Mechanic's Liens
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Cain's book on Bialek's money woes
PoliticoNovember 8, 2011

In 2005, when Bialek was living in a different Lake Shore Drive apartment, another creditor won a judgment against her for $3900, and in 2006, a different company took out a mechanic's lien against her claiming that she failed to pay $886, ...more »

How to Buy a Home Without 20% Down
ForbesNovember 1, 2011

You might be able to put down less than 20% by having your mortgage insured against default. One way to do that is with a government guaranteed mortgage. For example, the FHA loan program uses more lenient credit criteria than traditional mortgages, ...more »

Construction Contracts & Disputes, Boundaries
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Attorney for city asks judge to lift injunction on Augusta construction contracts
The Augusta ChronicleNovember 9, 2011

Chief Judge J. Carlisle Overstreet said he would decide within a few days whether the city has done enough to bring its method of awarding major construction contracts within the bounds of state law and city ordinances. In September, Overstreet found ...more »

Reits And Limited Partnerships
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CB Gold Closes $11 Million Non-Brokered Private Placement
Marketwire (press release)November 3, 2011

The private placement has been fully subscribed by Lumina Capital Limited Partnership ("Lumina"). Each Unit is comprised of one common share of the Company (a "Unit Share") and one-half of one common share purchase warrant (each whole warrant, ...more »

Construction Litigation
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China to form national office for IPR fight
China DailyNovember 9, 2011

By the end of June, law enforcement officials in quality-supervision departments had filed 2696 cases worth 1.2 billion yuan ($189 million) with 1233 counterfeit manufacturing sites uncovered, the announcement said. In addition, a national conference ...more »

Residential Real Estate
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Home for the Holidays: A 1903 Taylor house ready for an 'It's a Wonderful Life ...
Austin American-StatesmanNovember 5, 2011

The 1903-built home has been a labor of love for IT consultant David Holmes since he stumbled upon it in 1998. During a trip to Austin to find a home closer to where his daughters were growing up with their mom, Holmes read a real estate magazine while ...more »

Eminent Domain
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Battle Red Radio: Eminent Domain (9 P.M. CT)
Battle Red Blog (blog)November 2, 2011

by riversmccown on Nov 1, 2011 7:03 PM CDT in Battle Red Radio Did you know that the Houston Texans are 3-0 in their division? It took just seven games to match the number of division wins they had last season. Oh, and a really crappy division. ...more »

Restrictive Covenant Injunctions
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Leagle.comNovember 23, 2011

When the developer, the Lake Tapps Development Company recorded the plat with Pierce County in 1959, it set forth several restrictive covenants on the face of the plat. The plat notation includes a provision that covenants run with the land and bind ...more »

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Stark variations in North Side housing quality
Minneapolis Star TribuneNovember 5, 2011

There was another foreclosure upsurge in 2010, discouraging home ownership, the report says. Adding to the woes, a tornado struck the heart of the North Side last May, damaging hundreds of homes. Investor-owned, single-family homes put up for rent "has ...more »

Title Litigation
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Dallas Intellectual Property Law Firm Adds Partner, Changes Name (press release)November 1, 2011

His experience also includes Chicago law firm Kirkland & Ellis, where he was Partner, and Occidental Chemical Corporation, where he served as Vice President and General Counsel. "Keith's experience in high-stakes commercial litigation is unparalleled," ...more »

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

... Care REIT, Inc. logo is available at 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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Alameda's Smoking Rules Revisited: City Council to Vote on Revised Ordinance
Patch.comNovember 7, 2011

The City of Alameda website now has a new Secondhand Smoke Ordinance page that includes a summary of the ordinance and links to the proposed ordinance, staff reports and other items. It also links to the City Zoning Map. The proposed ordinance bans ...more »


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