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

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Racial study scrutinized in death row inmate's hearing
abc11.comFebruary 1, 2012

Patricia Tornblom, stepmother to the deceased, said she is angered by the hearing. "What do the people of Michigan have to do with us? I mean this is North Carolina," questioned Tornblom. "Why are they down here trying to decide how we make our laws?more »

Law Firm Moving to The Colonnade at Station Square in Silver Spring, MD
Citybizlist Real EstateFebruary 1, 2012

The Law Offices of Gary M. Gilbert & Associates, PC has signed a 15440-square-foot lease at 1100 Wayne Ave., a 162834-square-foot building in Silver Spring, MD owned by Bethesda-based Moore & Associates. The Ezra Company Principal/Executive Vice ...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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In the latest setback for the solar energy industry, Auburn Hills-based Energy ...
Detroit Free PressFebruary 14, 2012

1:56 am The Michigan Department of Education is applying for waivers from the No Child Left Behind law that... The Detroit International Bridge Co. has put out an ad in which it claims Gov. It's a damned if you do or don't situation, but we'd really ...more »

Commercial Real Estate
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International Tax Specialist, Demetri Yatrakis, Joins WeiserMazars LLP's Real...
Sacramento BeeFebruary 2, 2012

2, 2012 /PRNewswire/ -- WeiserMazars LLP announced today that Demetri G. Yatrakis has joined the firm as a tax principal in its Real Estate Services Group. Mr. Yatrakis will be based in the firm's New York City office. He brings expertise both from ...more »

Radian Senior Account Manager Lynn Koscher Elected President of the Illinois ...
MarketWatch (press release)February 1, 2012

PHILADELPHIA, Feb 01, 2012 (BUSINESS WIRE) -- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. /quotes/zigman/205031/quotes/nls/rdn RDN 0.00% , announced today that Senior Account Manager Lynn Koscher has been named ...more »

Reits And Limited Partnerships
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Carried interest – a heavy burden to bear?
Thomson Reuters News & InsightFebruary 1, 2012

In fact, the majority of a private equity manager's compensation will come in the form of carried interest. Under US law, the entry into a partnership by a carried interest holder receives a zero capital account. The same is true when entering into a ...more »

Construction Contracts & Disputes, Boundaries
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New York Construction Accident Lawyer from The Perecman Firm Comments on UES ...
DigitalJournal.com (press release)February 4, 2012

New York construction accident lawyer David Perecman comments on an Upper East Side scaffold collapse that came close to seriously injuring a 4 year old girl. NEW YORK, NY, February 04, 2012 /24-7PressRelease/ -- A scaffold collapsed on a 4-year-old ...more »

Residential Real Estate
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State asks homeowners to stop deducting some taxes
San Francisco ChronicleFebruary 5, 2012

The California Franchise Tax Board is leaning on taxpayers and tax preparers to start complying with a widely ignored law that prevents property owners from deducting certain real estate taxes on their income tax returns. Many tax preparers are telling ...more »

Construction Litigation
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A steep price to pay
The Economist (blog)February 2, 2012

First, the potential benefits of the law. Mr Addy identifies four: savings from the costs of providing services to illegal immigrants, increased safety, more "business, employment and education opportunities for legal residents" and "ensuring the ...more »

Restrictive Covenant Injunctions
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LUXUS AVIATION, LLC v. KERWIN MEDIA LLC
Leagle.comFebruary 1, 2012

Plaintiffs do not claim that Kerwin Media violated an explicit term of the agreement, but instead contend that the company breached its implied covenant of good faith and fair dealing, as well as an implied restrictive covenant "to refrain from ...more »

Eminent Domain
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NLDC getting a new identity
TheDay.comFebruary 1, 2012

By Kathleen Edgecomb New London - Mayor Daryl Justin Finizio on Tuesday apologized to property owners whose homes were seized by eminent domain in a case that went all the way to the US Supreme Court in 2005. At the same time, Finizio announced a ...more »

Title Litigation
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Top trial lawyer departs Dechert to join Weil, Gotshal & Manges
Thomson Reuters News & InsightFebruary 13, 2012

Feb 13 (Reuters) - Prominent product liability lawyer Diane Sullivan has left Dechert to join Weil, Gotshal & Manges as a partner in the law firm's litigation department. Sullivan, who focuses on class actions, consumer fraud, life sciences, ...more »

Foreclosure
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Governor Quinn announces Illinois Foreclosure Prevention Network
Aledo Times RecordFebruary 1, 2012

Abandoned properties hurt communities by creating blight, attracting crime and reducing the local tax rolls. On average, homes located the same block as a foreclosed property can drop $8000 to $10000 in value, according to the Federal Reserve Bank of ...more »

Zoning Regulations, Land Use
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Zoning amendments, council goals on agenda
Foster's Daily DemocratFebruary 7, 2012

This meeting will takes place in City Hall's council chambers at 7 pm Planning Board members and city planners, members of the Zoning Board of Adjustment, and representatives of the Environmental Protection Agency have crafted a proposed ordinance to ...more »

Hotel Reit Practice
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Two Harbors Investment Corp. Reports Fourth Quarter 2011 Financial Results
MarketWatch (press release)February 7, 2012

"The solid performance in our portfolio this quarter was in line with our expectations," stated Bill Roth, Two Harbors' Co-Chief Investment Officer. "While we have favored non-Agencies recently, we have identified plenty of opportunities across sectors ...more »

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