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

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Arbitration at Arm's Length: Are US Firms Missing an Opportunity in Asia?
The American LawyerFebruary 1, 2012

Four years ago, Paul Mitchard QC's firm, Skadden, Arps, Slate, Meagher & Flom, put him in charge of building an international dispute resolution practice in Asia. After trying -- and failing -- to find a suitable lawyer to head up an ...more »

AP: Changes ahead for foreign exchange students
Wall Street JournalFebruary 1, 2012

18 memo comes more than a year after an AP investigation uncovered widespread abuses in the J-1 Summer Work Travel program, which annually allows more than 100000 foreign college students to work in the US for up to four months.more »

Real Estate Law News and Stories

Building Codes
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House Majority Leader Eric Cantor
SunHerald.comFebruary 5, 2012

He has worked for his family's business doing legal work and real estate development. He is the only Jewish Republican serving in Congress, and is the highest-ranking Jewish member of Congress in its history. He co-wrote the book “Young Guns: A New ...more »

Industrial Development Issues
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Clean-Tech Industry Facing Lean Times After Solyndra
KERA NewsFebruary 3, 2012

But now the clean-tech industry is facing leaner times, in part because of cheaper natural gas prices, the effects of the financial crisis and China's growing solar industry. On Thursday's Fresh Air, Washington Post environmental correspondent Juliet ...more »

Commercial Real Estate
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$1m missing from real estate agency
Sydney Morning HeraldFebruary 1, 2012

Authorities are investigating after a NSW real estate agency admitted more than $1 million was missing from its books. NSW Fair Trading has appointed auditor Deloitte Touche Tohmatsu to manage Dougmal Harcourts Warilla after discrepancies totalling ...more »

Mechanic's Liens
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Lien Claimants Get A Victory in Utah In Mechanics Lien Priority Case
JD Supra (press release)February 14, 2012

A recent Utah Court of Appeals decision underscores that mechanic lien claims have certain priorities over other claims, even in the face of subordination agreements. Lien Claimants Get A Victory in Utah In Mechanics Lien Priority Case In mid-2011, ...more »

Old mortgages rise from the dead, haunt homeowners
Chicago TribuneFebruary 1, 2012

In July 2009, Roy and Sheila Bowers refinanced the mortgage on their suburban ranch home in Topeka, Kan. The couple wanted to take advantage of the low interest rates that were all the rage at the time. Roy, a truck driver, and Sheila, a former hotel ...more »

Construction Contracts & Disputes, Boundaries
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TO YOU AND THE LAW IT'S A TRUCK, BUT TO THE CITY IT'S A PASSED-BUCK
Philadelphia InquirerFebruary 1, 2012

A backhoe is a large piece of construction equipment on wheels, and a few times a week you can find one parked overnight on Malone's residential Fishtown block. Malone said that it's been like this ever since he moved to this block, almost two years ...more »

Reits And Limited Partnerships
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Timminco Announces Extension of Exclusivity Period With QSI Partners
MarketWatch (press release)February 2, 2012

QSI Partners was granted the exclusive right to conduct due diligence and negotiate a stalking horse bid with the Company until January 31, 2012, pursuant to the terms of the debtor-in-possession financing of US$4.25 million (the "DIP Facility") that ...more »

Construction Litigation
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Assembly drops bill that would have helped hold polluters responsible
California WatchFebruary 9, 2012

There is no state law that explicitly puts time limits on pollution cases, which often are discovered decades after the toxic dumping occurs. However, Shell Oil Co. and a local developer were able to initially get the resident lawsuit thrown out by ...more »

Residential Real Estate
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Keller Williams NYC Names Michael Shapot Senior Vice President
Citybizlist (press release)February 2, 2012

He practiced law for five years after law school, primarily drafting and negotiating coop and condo offering plans. About Keller Williams NYC: Keller Williams NYC (www.kwnyc.com) is the Manhattan franchise of leading real estate company Keller Williams ...more »

Eminent Domain
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Broome seeks to regain former library building
Ithaca JournalFebruary 22, 2012

What: Broome County Industrial Development Agency will hold a public hearing to discuss and solicit comments on a proposal to acquire the Broome Public Library building (78 Exchange St., Binghamton) and three adjacent properties through eminent domain.more »

Restrictive Covenant Injunctions
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Towry's Valentine message: Who loves ya, baby?
FT AdviserFebruary 21, 2012

Although the trial revolved around legal aspects of alleged breaches of restrictive covenants, in my opinion the case really hinges on the personal relationship between the adviser and client. This came across in the judgment, because it was shown that ...more »

Foreclosure
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Latinos Getting Hit Two Ways by Foreclosures
Chicagomag.comFebruary 15, 2012

“The issue of empty [unmaintained] foreclosures with the potential to attract crime and decrease property values resonates across these communities,” she said. (I discussed the ordinance with WBEZ's Tony Serabia and Natalie Moore on the station's 848 ...more »

Title Litigation
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Home > Constitutional Law > How The Litigation Over California's Anti-Same-Sex ...
Justia VerdictFebruary 6, 2012

How The Litigation Over California's Anti-Same-Sex-Marriage Prop. 8 Gave Rise to a First Amendment Fight As readers likely know, Proposition 8—“Prop. 8” for short—is a California initiative that purported to amend the state's constitution to prohibit ...more »

Hotel Reit Practice
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Property loan stock "elimination" – Growthpoint director explains
Moneyweb.co.zaFebruary 24, 2012

Growthpoint director, Estienne de Klerk says his company has been working with Treasury to implement new listed-property legislation. The first will be greater tax certainty. De Klerk explains that there are currently tax “anomalies” in both types of ...more »

Zoning Regulations, Land Use
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Westport Jewish Organization Faces Scrutiny
The Daily WestportFebruary 8, 2012

Kenneth Gruder, counsel for the nonprofit, said the organization did not intentionally violate Westport's zoning laws when it moved its office into the former Three Bears Restaurant, located at Wilton Road and Newtown Turnpike, between Christmas and ...more »

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Barry P BettisAttorney at LawPRACTICE AREA: Real Estate Law, Wills & Probate, Industrial Development Law
Ward D JonesAttorney at LawPRACTICE AREA: Personal Injury, Real Estate Law, Bankruptcy Law, Wills & Probate, Business Law, Insurance Litigation, Trusts & Estate Planning, Litigation, Industrial Development Law