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

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Rockefeller Supports Blind Trust for Members of Congress
HNN Huntingtonnews.netFebruary 1, 2012

The Stop Trading on Congressional Knowledge Act of 2012 (STOCK Act) says US Representatives and Senators may not use information they gain in their role as Members of Congress. “Elected officials have a duty to our constituents to be above board in ...more »

Not 'Desperate' for cash: Obama lists his big fundraisers
msnbc.comFebruary 1, 2012

One of the president's top bundlers, former New Jersey governor Jon Corzine, recently caused embarrassment for the campaign when his investment firm, MF Global, filed for bankruptcy, triggering an FBI investigation into whether its clients' money had ...more »

Real Estate Law News and Stories

Building Codes
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Memoirs of a real estate tycoon
Business StandardFebruary 5, 2012

Chaudhary Raghvendra Singh probably had little to lose and handed the company over to his son-in-law. Singh's is a good example of the patience that is required to do business in India, especially real estate development. He waits years together for ...more »

Industrial Development Issues
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Webcast Alert: Supreme Industries to Announce 2011 Fourth-Quarter and Full ...
MarketWatch (press release)February 1, 2012

Supreme also manufactures special-purpose "shuttle-type" buses and armored vehicles. The Company's transportation equipment products are used by a wide variety of industrial, commercial and law enforcement customers.more »

Commercial Real Estate
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A New Alternative For Real Estate Investors
ForbesFebruary 2, 2012

Over 50 years ago, President Dwight D. Eisenhower signed legislation that enabled small investors to make investments in large-scale, significant income-producing real estate. This law, named the REIT Act, combined the attributes of mutual funds and ...more »

Obama pushes mortgage help
UPI.comFebruary 1, 2012

1 (UPI) -- US President Barak Obama told an audience near Washington Wednesday he's sending a package to Congress that would help those struggling with mortgages. "This housing crisis struck right at the heart of what it means to be middle class in ...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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Anti-corruption law in Chicago seen as good example for Quebec
Montreal GazetteFebruary 3, 2012

MONTREAL - The Quebec government calls Bill 35, its new anti-corruption legislation, the toughest law governing public-sector construction contracts in North America. Yet, the legislation in at least one other jurisdiction appears to place tighter ...more »

Residential Real Estate
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Realtor Q and A: What types of deeds are there?
The Union LeaderFebruary 4, 2012

To understand a foreclosure deed, it may help to begin with an understanding of the purpose of a real estate deed. Many people compare their deed to the title to their car. As the date of the sale of their home approaches, they look frantically in old ...more »

Construction Litigation
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Leagle.comFebruary 3, 2012

The parties entered into a lease for the rental of commercial space which provided that plaintiff tenant had inspected the premises, was taking it "as is," and would be undertaking construction work to prepare for its initial occupancy.more »

Restrictive Covenant Injunctions
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Weight Watchers Announces Plan to Launch Self-Tender Offer and Related Stock ...
MarketWatch (press release)February 14, 2012

14, 2012 /PRNewswire via COMTEX/ -- Weight Watchers International, Inc. /quotes/zigman/293665/quotes/nls/wtw WTW +2.03% today announced its plan to launch a "modified Dutch auction" tender offer for up to $720000000 of its common stock at a price per ...more »

Eminent Domain
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Eminent domain process nears conclusion
CU Columbia SpectatorFebruary 6, 2012

Eminent domain law governs the capacity of the state to seize private property for the “public good” in exchange for market-rate compensation. In January 2009, Sprayregen and Singh and Kaur filed separate lawsuits against the ESDC, protesting its ...more »

Title Litigation
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Hecla Mining Shareholder Alert: The Briscoe Law Firm and Powers Taylor, LLP ...
MarketWatch (press release)February 2, 2012

2, 2012 /PRNewswire via COMTEX/ -- Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that the firms are ...more »

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Tackling foreclosures in-house
Gazette.Net: Maryland Community News OnlineFebruary 2, 2012

And communities will need suggestions that avoid layers of red tape so that abandoned buildings and the problems they can bring — crime and litter, to name a few — can be quickly addressed. Granted, there is no quick fix for the problem; foreclosures...more »

Zoning Regulations, Land Use
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Liquor zoning restrictions are outdated
Inside Tucson BusinessFebruary 3, 2012

Take Arizona laws regarding where establishments selling alcohol may be located. Currently, liquor, beer and wine cannot be sold within 300 feet of the primary building of a church, any classroom of a K-12 school or the perimeter fence of a playground.more »

Hotel Reit Practice
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Big Short Becomes Big Long as Bass Joins Reverse Subprime Wager: Mortgages
BloombergFebruary 15, 2012

Recent gains mean residential debt no longer offers “double-digit” returns, Bill Roth, co-chief investment officer of Two Harbors Investment Corp. (TWO), said on a Feb. 8 conference call with analysts. Two Harbors is a publicly traded REIT run by ...more »


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