Real Estate Law News. Crime Stories, Law on News and Legal Publications in February, 2012

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SC Treasurer Sounds Alarm About State Investments
News Channel 7February 1, 2012

He says the legislature doesn't need to pass any new laws regarding the state's investments; the current laws just need to be enforced. So who enforces those laws? "In some cases it's the treasurer; some cases the Budget and Control Board; ...more »

Court of appeals rules on ship construction contract dispute
International Law OfficeFebruary 1, 2012

"in the Brazilian legal framework there is no legal rule determining that the registration of the vessel construction contract with the respective Maritime Registration Office is a requirement for the validity thereof. The effect of its registration is ...more »

Real Estate Law News and Stories

Building Codes
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Seyfarth Shaw National Labor & Employment Chair Lisa Damon Named "Employment ...
MarketWatch (press release)February 6, 2012

Damon was a founding partner of Seyfarth's Boston office and has overseen its growth from seven lawyers to more than 80, with practice groups in real estate, corporate, and litigation, as well as labor & employment. An ABA Journal article, "Legal...more »

Industrial Development Issues
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'Right to work' set for Indiana Senate approval today
Indianapolis StarFebruary 1, 2012

The divisive and sometimes bitter legislative fight to make Indiana the first industrial state to adopt a "right to work" law ends today. The measure will be voted upon by the Indiana Senate. If it passes -- and even the most ardent opponents expect it ...more »

Commercial Real Estate
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Early signs suggest growth in demand for warehouse space
Contra Costa TimesFebruary 2, 2012

Business leaders and market reports from local brokerage offices suggest that demand for space within the inland region's many warehouses is increasing. "We see industrial commercial and real estate prices stabilizing. We don't see prices declining in ...more »

30 SECOND GUIDE: Mortgage approvals
This is MoneyFebruary 1, 2012

By This Is Money Reporter Mortgage approvals are a good indicator of how the housing market is going to behave in the coming months. What's it all about? The City team explains how mortgage approvals can be used to indicate the general health of the ...more »

Reits And Limited Partnerships
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Sunoco Logistics Partners L.P. Announces Changes in Senior Management and ...
MarketWatch (press release)February 2, 2012

Sunoco owns the General Partner interest of Sunoco Logistics, which consists of a 2-percent ownership interest and incentive distribution rights, and owns a 32-percent interest in the Partnership's limited partner units. Since becoming chief executive ...more »

Construction Contracts & Disputes, Boundaries
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Sansom businesses rejoice end of Law School construction
The Daily PennsylvanianFebruary 1, 2012

By Huizhong Wu · January 31, 2012, 8:23 pm Some business owners on Sansom Street will heave a sigh of relief when the construction trucks drive away from Golkin Hall for the final time. The Law School's Golkin Hall — which opened Jan.more »

Residential Real Estate
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Leagle.comFebruary 1, 2012

Memorandum: Plaintiff commenced this action seeking damages resulting from defendants' breach of a real estate contract for a 10-acre parcel of land and a newly constructed home (hereafter, property). We agree with defendants that Supreme Court erred ...more »

Construction Litigation
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Law Firm Cranfill Sumner & Hartzog LLP Names Three New Partners (press release)February 3, 2012

Since graduating from law school at the University of North Carolina at Chapel Hill in 2003, Ginger Hunsucker has been practicing defense litigation at Cranfill Sumner & Hartzog with significant experience in medical malpractice and professional...more »

Restrictive Covenant Injunctions
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Mohegan Tribal Gaming Authority Announces First Quarter Fiscal 2012 Operating ...
MarketWatch (press release)February 1, 2012

Inclusive of letters of credit, which reduce borrowing availability under the bank credit facility, and after taking into account restrictive financial covenant requirements under the bank credit facility and the Authority's line of credit and note ...more »

Eminent Domain
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Keystone Pipeline Sparks Property Rights Backlash
Texas TribuneFebruary 17, 2012

Under Texas law, only pipelines that are deemed “common carriers” — the pipeline world's equivalent of a public road — can condemn property for easements. The state Natural Resources Code says that to gain common carrier status, oil pipeline ...more »

Title Litigation
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Attorney Glenn E. Davis of Gallop Elected Vice Chairman of the Academy of ...
LawfuelFebruary 6, 2012

Glenn E. Davis, Chair of Gallop's Litigation Department, has been elected Vice Chair of the Academy of Antitrust Law of the Litigation Counsel of America™ (LCA). Based in New York, the Litigation Counsel of America is an invitation-only trial lawyer ...more »

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FACT SHEET: President Obama's Plan to Help Responsible Homeowners and Heal the ...
NewDesignWorld (press release)February 1, 2012

First Pilot Sale to Transition Foreclosed Property into Rental Housing to Help Stabilize Neighborhoods and Improve Home Prices: The FHFA, in conjunction with Treasury and HUD, is announcing a pilot sale of foreclosed properties to be transitioned into ...more »

Zoning Regulations, Land Use
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Corbett: Keep Local Zoning Restrictions In The Impact Fee
StateImpact PennsylvaniaFebruary 1, 2012

“Consistency” is a term the Marcellus Shale Coalition has repeatedly used, when making the argument that different zoning and regulation in different municipalities hampers drilling companies' efforts to expand. Corbett's letter comes six days before ...more »


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