Real Estate Law News. Crime Stories, Law on News and Legal Publications in February, 2017

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DOL Fiduciary Rule Requires Caution By Attorneys
Above the LawFebruary 1, 2017

Even as the market sits near all-time highs, the threat of the DOL's new Fiduciary Rule threatens to upend the industry, and in the extreme, perhaps destroy many advisors' businesses. The Fiduciary Rule is the burning platform issue of many investment ...more »

Feds Say Modular Space Disclosure Too Skimpy For Creditors
Law360 (subscription)February 1, 2017

The treatment of general unsecured creditors was particularly troubling to the U.S. attorney, who said that the language of the disclosure statement was unclear as to which groups of creditors will be paid in full and which will be impaired. Because ...more »

Real Estate Law News and Stories

Building Codes
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People on the Move: 2/6/2017
Pittsburgh Post-GazetteFebruary 6, 2017

Nathan Beaudry joined Babst Calland as an associate in the corporate and commercial group. Mr. Beaudry's practice focuses primarily on representing clients in mergers and acquisitions, negotiating and drafting contracts, real estate matters and general ...more »

Mechanic's Liens
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An Unsigned Email May Create a Contract
Huffington PostFebruary 15, 2017

For many years the legal risks associated with the spontaneous and enduring nature of email have been well known. For example, email may prove discriminatory intent in employment cases. Legislation such as the Uniform Electronic Transactions Act ...more »

Commercial Real Estate
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The very personal story behind new pocket neighborhood development
Phoenix Business JournalFebruary 15, 2017

I wanted him,” Roth said. Roth said he's already got reservations sold or pending on 11 units. He's also fielding calls and seeing interest in additional similar developments. Mike Sunnucks writes about residential and commercial real estate ...more »

MBA: Mortgage applications slightly increase
HousingWireFebruary 8, 2017

After barely dropping in the prior report, mortgage applications ticked back up and increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending Feb 3, 2017.more »

Reits And Limited Partnerships
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Archrock Partners Reports Fourth-Quarter and Full-Year 2016 Results
EconoTimesFebruary 23, 2017

23, 2017 -- Archrock Partners, L.P. (NASDAQ:APLP) today reported a net loss of $14.0 million, or $0.22 per diluted limited partner unit, for the fourth quarter of 2016, compared to a net loss of $0.6 million, or $0.01 per diluted limited partner unit ...more »

Construction Contracts & Disputes, Boundaries
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Avoiding disputes under PFI/PF2 contracts
JD Supra (press release)February 3, 2017

Putting to one side the potentially adverse repercussions of a bitter dispute on the parties' long-term commercial relationship, the underlying contracts will usually contain a multi-tiered dispute resolution provision aimed at resolving disputes at an ...more »

Residential Real Estate
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Greenberg Traurig Attorney Kristen J. Lonergan to Speak at 6th Annual Women's Real Estate Forum
PR Web (press release)February 8, 2017

Global law firm Greenberg Traurig, LLP's Kristen J. Lonergan will be serving as a moderator at the sixth Annual Women's Real Estate Forum Feb. 16. The Forum will take place at the New Yorker Hotel on 8th Avenue in New York City. The Forum celebrates ...more »

Construction Litigation
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$24 million in cleanup continues at proposed site for new criminal justice complex
Fox 59February 7, 2017

... justice center campus, Citizens faces an eventual deadline to finish its cleanup of the land to possibly hand it over to the city so that the location might someday house a new jail, sheriff's office, courthouse, medical center and law and ...more »

Restrictive Covenant Injunctions
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Unpublished Opinions for the Week of February 6, 2017
New Jersey Law JournalFebruary 2, 2017

Plaintiff's complaint alleged that defendant, a competitor, improperly raided employees from plaintiff, and asserted claims of tortious interference, unfair competition, and civil conspiracy against defendant. .... Given the nature of the contentions ...more »

Eminent Domain
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When Government Action Constitutes a Taking, and When It Does Not
New York Law Journal (registration)February 27, 2017

In the typical takings case, government files a petition of condemnation. The former owner files a claim and the matter proceeds for a determination of just compensation pursuant to Article 5 of New York's Eminent Domain Procedure Law. But what about ...more »

Title Litigation
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RM LAW Announces Class Action Lawsuit Against Fenix Parts, Inc.
PR Newswire (press release)February 6, 2017

BERWYN, Pa., Feb. 6, 2017 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed in United States District Court for the District of New Jersey on behalf of all persons or entities that purchased Fenix Parts, Inc. ("Fenix" or ...more »

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Column: Investing in civil legal aid pays off (blog)February 2, 2017

Fewer evictions and foreclosures translates to lower crime rates and higher home values. Workers are more productive, families enjoy less stress, and so children's health and school performance improves, joblessness declines and the fantastic quality ...more »

Zoning Regulations, Land Use
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Unified development code heads to council
ABC17News.comFebruary 6, 2017

COLUMBIA, Mo. - After spending months hearing public input and making changes to the newly revamped zoning ordinance, the Planning and Zoning Commission put a stamp of approval on it early this year, and tonight, it's on the council's agenda for the ...more »

Industrial Development Issues
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State bill introduced to regulate hemp industry
Sedona Red Rock NewsFebruary 4, 2017

Since recreational marijuana is still illegal in Arizona, the bill would amend current law and put regulations, including licenses, on the growth and sale of the plant. Background checks would be required for those looking to get into the industry, as ...more »


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