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

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Letter: Strict gun laws make citizens safer
Knoxville News SentinelFebruary 1, 2012

If the writer is interested in facts, then he would have to admit that New York City's strict gun laws have actually kept the city's residents safer than in places with laxer regulations. New York and neighboring New Jersey have among the lowest rates ...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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Johnson C. Smith, Charlotte School of Law to offer dual degree
Charlotte Business JournalFebruary 1, 2012

Johnson C. Smith President Ronald Carter touts the university's collaboration with Charlotte School of Law. Beginning this fall, Johnson C. Smith University and Charlotte School of Law will offer a dual degree program that will allow students to earn ...more »

Industrial Development Issues
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ACTA will not change scope of IP protection, MEP claims
Out-Law.comFebruary 3, 2012

Vital Moreira said the Anti-Counterfeiting Trade Agreement (ACTA) is aimed at "reinforcing" the enforcement of IP rights under existing laws and would not alter way IP rights themselves were protected. Moreira is the chair of the International Trade ...more »

Commercial Real Estate
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MacCulloch joins Montecito Bank & Trust Wealth Management Division
Santa Barbara IndependentFebruary 3, 2012

MacCulloch has been affiliated with local financial services companies for many years and is well regarded in the community for his expertise in trust and estate administration, estate planning, and corporate and real estate law.more »

Mechanic's Liens
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Golden Corral on Randall still in a bit of limbo
Chicago Daily HeraldFebruary 1, 2012

Transwest is also the subject of a lawsuit brought in Kane County circuit court by unpaid contractors, who have recorded mechanics' liens against the property. The next court date for those suits is Feb. 21. And there are three property tax liens on it ...more »

Homeowners In Limbo As Mortgages Go Unpaid, Foreclosures Drag On
LoanSafeFebruary 1, 2012

by Alex Ferreras on February 1, 2012 in Real Estate (Source: Kathleen Lynn The Record, Hackensack, NJ) – Almost three years after she last paid the mortgage, Linda Ganguzza remains in her New Milford home — one of thousands of troubled New Jersey ...more »

Construction Contracts & Disputes, Boundaries
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Minooka mulls law on street fundraising
Joliet Herald NewsFebruary 1, 2012

The Will & Grundy Counties Building & Construction Trades Council and the Kankakee/Iroquois Counties Building Trades of the AFL-CIO asked to hold their fundraiser for diabetes research in June. This will be the 26th annual DAD's Day fundraiser for the ...more »

Reits And Limited Partnerships
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GIP To Sell 9.3 Million-Unit Stake In Chesapeake Midstream
Wall Street JournalFebruary 1, 2012

GIP now owns about 13% of the limited partnership, while Chesapeake Energy recently owned about 49%, according to FactSet Research. Chesapeake Energy has recently spun off several gas-distribution assets and is working to diversify its upstream ...more »

Construction Litigation
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VY decision could have far-reaching ramifications
Brattleboro ReformerFebruary 3, 2012

In that case, which was decided in 1983, California refused to allow the construction of a new nuclear power plant because there was no adequate plans to deal with high-level nuclear waste. The state's resource commission had ruled that a new power ...more »

Residential Real Estate
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Venable Adds Stroock's Koffler to Head N.Y. Real Estate Practice
BloombergFebruary 2, 2012

Venable LLP (1214L), the Washington-based law firm, hired Peter G. Koffler, a partner at Stroock & Stroock & Lavan LLP, as the firm expands its New York real estate practice. Koffler joined Venable's New York office and will lead its real estate group, ...more »

Eminent Domain
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And So It Begins
Madison County CourierFebruary 7, 2012

Despite assurances to the contrary to northern Pennsylvania landowners, Central New York Oil and Gas Company LLC (CNYOG), a subsidiary of Inergy LP of Kansas City, MO, began eminent domain proceedings against about half of the 150 property owners along ...more »

Restrictive Covenant Injunctions
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Fitch Rates Clear Channel Worldwide's Sr. Subordinated Notes 'B+/RR3'; Outlook ...
Business Wire (press release)February 29, 2012

CCWW will issue two tranches of notes in a single transaction under separate indentures: $250 million Series A and $1 billion Series B. The Series B notes are subject to certain more restrictive covenants (limitations on asset sales, limitation on ...more »

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Wall Street's Secret Spy Center, Run for the 1% by NYPD
CounterPunchFebruary 6, 2012

Robert Anderson's work on “The Next Housing Shock” brings the audacity and collusiveness of the foreclosure crimes into sharp focus and admirably serves the public interest. But rather than deflecting my criticisms, Mr. Tedesco ends up making my case ...more »

Title Litigation
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Rockville doubles contract with law firm to $1M
Gazette.Net: Maryland Community News OnlineFebruary 1, 2012

16, for legal services involving the city's bonds, employment and benefits, code enforcement, Rockville Town Square operations and the Town Square garage lease and litigation. Rockville City Attorney Debra Yerg Daniel said the contract with Venable is ...more »

Hotel Reit Practice
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The Real Estate Green Agenda: what banks should know
JD Supra (press release)February 17, 2012

Well advised lenders benefit from an understanding of the legislation and ongoing green initiatives in the real estate sector. Please see full article below for more information. Butterworths Journal of International Banking and Financial Law February ...more »

Zoning Regulations, Land Use
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Landscape ordinance changes proceeding
Daily CommercialFebruary 13, 2012

The proposed ordinance amendments will be advertised, and then come before the Planning and Zoning Board and the County Commission in March and April. Brian Sheahan, county planning director, said the landscape ordinance has been staff's primary focus ...more »


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